Is There an Ageism Inside That 60, 40 Rule?

The rule of thumb is that you should be more aggressive when you're younger and more conservative when you get older. But the average life expectancy is what 82 years old, right? So now you got seven years to live. You have to have some level of stock exposure because your account still has to go up over the course of time. When a bond market is negative, it is usually a sign of a recession. And I'm going to stress again: Only trust your own judgment.