Kevin, a 61-year-old, has $800,000 in a money market account and $900,000 in a 401(k). He's worried about investing and wants a 4-5% return without losing money. This article talks about his concerns and how to balance risk and reward when investing for retirement.
- Kevin is cautious about investing due to past market losses.
- The article emphasizes the importance of understanding your own comfort level with risk.
- It explains that being too conservative can also be risky, reducing the chances of your money lasting through retirement.
| Amount | Account |
|---|---|
| $800,000 | Money Market |
| $900,000 | 401(k) |
