I'm retiring this year one of my funds lost $11,000 last quarter before that it was at $100+k, should I move to safer funds?

babyboomer1001

I already tried that. The fund I moved to didn't do any better. They ended up about the same. We will just have to wait until a more stable market. Hopefully, the democrats will be booted out and we can resume a stable market that soared under Trump before the dems got into the house.

zman492

There are way too many unknowns for anyone to give you a simple straight forward answer to your specific question. You really should talk with a professional, a certified financial planner (CFP), to get a good answer. Among the things I do not know are: How old are you? It appears you may be between 50 and 55, What other retirement resources do you have? That includes other funds, pension(s), and Social Security. Do you have other family to consider and their financial resources/obligations. How risky is the specific fund? Losing 10% in a quarter is not really enough to judge the degree of risk. What I can tell you is some of my own experiences and thoughts. I retired in my early 50s a little over 16 years ago. I retired with a pension. The pension by most standards is very good including health insurance. The biggest problem with it is that only has a minor annual increase to compensate for inflation. Since I could live over 40 years after retiring, that could significantly reduce the buying power provided by the pension. Because Social Security has a much better adjustment for inflation I delayed starting to collect Social Security until after the full retirement age, thus increasing my protection against inflation. Stock market investments give better protection against inflation so I have still have a higher percentage of my retirement funds invested in the stock market. I have no expectation of needing to withdraw any of those funds for well over five years I am comfortable leaving those fund in "riskier" investments. However, when I have received cash from dividends/buyouts I have not put that cash back in the stock market. I have not panicked when there were substantial paper losses in my stock portfolio, such as during the "2008/2009 great recession." I simply waited for the market to recover. I am sorry I couldn't give a more direct answer to your question. I also understand if your situation is very different I may not have given you a lot of useful information. I also understand that I am more concerned about inflation than most people are, but I am convinced that when I die $2 will probably have less buying power than $1 had on the day I retired. (Of course I could die tomorrow, but I am not going to risk my future if I live a lot longer.)

Casey Y

Perhaps, what are your objectives and goals? Since you are retiring, you shouldn't be focused on growth...but everyone got hit a little last year...