Ready to retire? Make sure your money is where your mouth is! #biggerpockets #fire #shorts
Summary
This video explains the importance of rebalancing your portfolio during retirement. The speaker suggests that any money needed in the next three to five years should not be in the stock market and retirees should have at least 30% of their investment in the stock market, but no more than 70% to 75%. The sweet spot for investment in the stock market is 60% and the other 40% should be in cash bonds. This is the starting point for the retirement portfolio.
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