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In investing terms, a “glide path ” describes how a mix of investments changes over time. Typically, the mix gets more conservative — with fewer stocks and more bonds, for example — as the investor approaches a goal such as retirement.
Gradual changes in the years before you plan to quit work can help smooth the transition, a financial coach says.
In investing terms, a “glide path “ describes how a mix of investments changes over time. Typically, the mix gets more conservative - with fewer stocks and more bonds, for example - as the investor ap...
You also can create a glide path into retirement by making gradual changes in your working and personal life in the months or years before you plan to quit work.
Researchers have identified several factors besides money that contribute to a happier retirement, including good health, strong relationships and a sense of purpose. But setbacks are inevitable, in life and in retirement. Not everyone enjoys good health — and no one enjoys it forever. Loved ones die or move away.…