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

[PoindexterOglethorpe]

5. No one is suggesting 100% stock ownership.

No one.

The 89% in equities you say you had in 2018 was well above what sensible advisors suggested. And 100% equities is foolish even for a very young investor.

My investment advisor tells me that stock market valuations are not all that high, and that stock prices overall are not out of line with historic values.

But what does he know? Right. All I know is that for some twenty years now he has not led me astray. I'm sticking with him. Perhaps more to the point, the annuities he had me buy are giving me financial security. The current payout I'm taking from them is somewhat above the 4% that is considered the industry standard.