Summerlin Benefits Consulting Q&AAnswer
Oct 23, 2024 - 12:15 PM
The "Rule of 100" helps balance risk and reward in retirement by using the formula: 100 minus your age to determine the percentage of your portfolio that should be in less risky investments like bonds. For example, at age 60, 40% of your portfolio can stay in riskier investments (like stocks) while 60% should be safer. This rule allows you to adjust your investment strategy as you age, reducing risk as you near retirement, while still aiming for growth.
