Retirement is probably the number one thing most older Americans worry about. The posts in this category are about retirement and qualified planning. Retirement accounts are often referred to as qualified because that is how they are usually classified by the IRS.
Almost exactly 1 year ago I decided to change the allocations of my new capital contributed to my 401(k) from a balanced mix of funds to 50% cash to build up a stock pile of money to deploy when, not if, a correction occurred. In addition, I took 10% out of equities and put it in cash as well. The move had been on my mind for a while and when I saw another blogger's post about some very real statistics regarding then CAPE/PE10 levels I decided to act. I laid out the exact risk/reward, The risk is clear – the market keeps RIPPING [...]