A stock answer?6 of 8Two bear markets in the past 10 years have left their scars on baby boomers, meaning many are playing it safe and sticking to bonds and other conservative investments. However, if you are already behind in saving for retirement, investing too conservatively won't help you catch up.Honeycutt has invested aggressively, knowing that he has the time to ride out the peaks and valleys of the stock market. "I'm a long-term investor," he says. "I have no idea what is going to happen to the markets in five, 10 or 20 years, but I know the long-term trend is up."« Back to Retirement Realities. Related Articles:Retirement calculator5 Social Security facts401(k) calculatorPart-time retiree jobsRelated Links:Stocks for older crowd?401(k) or IRA calculatorTapping retirement incomeSavvy savings strategies advertisement
Two bear markets in the past 10 years have left their scars on baby boomers, meaning many are playing it safe and sticking to bonds and other conservative investments. However, if you are already behind in saving for retirement, investing too conservatively won't help you catch up.
Honeycutt has invested aggressively, knowing that he has the time to ride out the peaks and valleys of the stock market. "I'm a long-term investor," he says. "I have no idea what is going to happen to the markets in five, 10 or 20 years, but I know the long-term trend is up."
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