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Message: [QUOTE="jibsey, post: 2856981, member: 859"] Most people agree that nothing performs better than stocks long term but consider the bear market of 2007-2009 and specific sector major declines. If your are very close to retirement and that hit happens it can be difficult to recover, in fact I know of someone that happened to who had to delay their retirement by 5 years. Interest rates are going to head up and there are more conservative fixed but not sexy strategies for those who wish to sleep soundly at night (that by the way includes market exposure for part of the portfolio). Warren Buffet says stay in which makes sense long term but what about taking a huge hit if you are only 1 or 2 years into retirement. It could be devastating. [/QUOTE]