How much should a 75 year old have in stocks?
Can you explain the ideal percentage of stocks a 75-year-old individual should hold in their investment portfolio? It's essential to balance risk and reward at this stage of life, but the appropriate allocation may vary depending on personal factors such as financial goals, risk tolerance, and time horizon. Additionally, considering the potential for market volatility, what strategies could be employed to mitigate risk while still pursuing growth opportunities?