Selling funds in IRA
My IRA is at the highest amount ever. I am 71. Should I sell it and put in money market, treasury bills under my IRS.Traditional/IRA
Thank you
Terry Says
I think you have reached the age where you should scale down risk. You are likely no longer contributing, and will soon have to start taking money out.
Now, I write this as the stock market is at an all-time high! But still, good planning dictates that you move some money (maybe 25-30%) out of stocks and into a money market fund inside your IRA.