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Am I nuts to put 100% of my retirement savings in stocks?

9 years 9 months ago
My wife and I plan to retire next year. Since nearly all of our basic living expenses will be covered by Social Security and an immediate annuity, I plan to invest 100% of our retirement savings in stocks. I figure Social Security and my annuity effectively act like a big position in bonds, so going 100% in stocks isn't really all that risky. What do you think? Is this approach reasonable or am I nuts? --Matthew
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5 minutes 19 seconds ago
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