Should someone 65 years old be putting money into aggressive growth accounts?
Please keep in mind that the average life expectancy of a healthy 65-year old is 90 years. Also, it is important to understand The Income for Life Model® recommends 26% of the money in the stock market, and only 13% of the money would be in an aggressive asset class. Overall, a 74%/26% mix in favor of fixed verse equity investments would be considered a rather conservative portfolio at most ages.
