Older Investors Have a Lot of Money in Stocks. How to Check if It’s Too Much. - WSJ

Data from Fidelity Investments’ 20.4 million 401(k) investors shows that almost 40% of 401(k) investors age 60 to 69 hold about 67% or more of their portfolios in stocks.

Negative bond performance in an environment of 7% inflation is not going to cut it.

They need maybe 4% of their portfolio this year for spending, meaning 96% of their portfolio can stay in the Market and ride out this volatility.

A 60 year old has a 20-30 year investing time horizon; they’ll be fine. Quit with all of this alarmism.