I am alarmed with the amazing frequency of the most recent downturns and even more amazed at the swiftness of the recoveries. There was a time when, if the downturn was severe, the recovery took decades. Now it seems as though it take less and less time from the top to the next top. This means that there will be more risk, more often. Running from it, may not prove to be the wisest move in the long run.
Among all of these age groups, diversity among as many asset classes as possible is still key. We are no longer in the “set it and forget it” world of retirement planning. The only way to keep your plan healthy is to run towards the danger. It is the new retirement plan.