Biz Direct MarketKnowing When To Make A Good Decision

Nov 30, 2009: Let us look ahead into the future when we are about to retire. All these years we have toiled hard, made sacrifices and invested diligently to make our nest egg grow. Now it is time to enjoy a new dimension of life. Relaxation! How much should we draw out of our nest egg so that it lasts through our entire retirement?

We are well aware that the stock market is too risky when there is less recovery time on our side. At this juncture of life, our portfolio’s asset allocation is more conservative and income oriented. As a result a significant portion of our investments have been astutely shifted from equity to fixed income investments and more liquid instruments. Say a sizable part of our nest egg has been transferred to a money market fund or a similar investing vehicle. Having done all this it is time to give ourselves a break. Ah! All those dream vacations!

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