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My grandmother is in her 70s and has $400K in stocks. Is now the time to offload them?


Published on 2025-04-04 02:01:09 - MarketWatch
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  • My grandmother is in her late 70s and has about $400,000 investments in the stock market. She has a $250,000 house, on which she has a mortgage with a fairly low interest rate. She has retirement savings and a pension and has never had to pull from her investments.

The article discusses a scenario where a grandmother in her 70s has $400,000 invested in stocks, and the family is considering whether she should sell them. Financial experts suggest that the decision should be based on her financial needs, risk tolerance, and retirement goals rather than market timing. They recommend assessing her overall financial situation, including other income sources like Social Security or pensions, and her need for liquidity. Diversifying her portfolio to reduce risk, possibly by shifting some assets into bonds or other less volatile investments, is advised. The experts emphasize the importance of consulting with a financial advisor to tailor a strategy that aligns with her specific circumstances and ensures her financial security in retirement.

Read the Full MarketWatch Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/my-grandmother-is-in-her-70s-and-has-400k-in-stocks-is-now-the-time-to-offload-them/ar-AA1C8uMb ]