LightningStrike
Wed Aug 14 2024
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5 answers
1464
Should a 70 year old be in the stock market?
Should a 70-year-old individual consider investing in the stock market, given the potential risks and volatilities associated with it? While the stock market can offer significant returns over the long term, it also comes with inherent risks that may not be suitable for someone approaching retirement age. Would it be wise for a 70-year-old to allocate a portion of their savings into the stock market, or would it be more prudent to focus on preserving their capital and generating a stable income?
