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A comment on Wherever oil goes, the stock market goes. Parent comment

Re:Wherever oil goes, the stock market goes by opmac on Monday February 15, 2016 @11:20AM (#11104142)
Ideally, if you're getting ready to retire, most of you assets should not be in the volatile stock market, so it should not affect you terribly.
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Re:Wherever oil goes, the stock market goes by kbutler on Monday February 15, 2016 @01:14PM (#11104915)
If you intend to live for 30 years in retirement, shouldn't you still have a good chunk of your assets in stocks?
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Re:Wherever oil goes, the stock market goes by robotresearcher on Monday February 15, 2016 @03:34PM (#11105738)
Many people use much of their retirement savings at the moment of retirement to buy a special retirement-income product. This can have tax benefits over normal investments. So you try to maximize the probability of having a large fund at that moment.
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