Owning Stocks in Retirement

One of the hardest financial questions facing investors on the brink of retirement is the question of what to do with their stocks. If they are particularly affluent, it is most likely because of stocks that they were able to acquire wealth, and so they would naturally be hesitant to cut off the arm that fed them throughout life. And if they weren't particularly rich stockholders, then they might feel that stocks have failed them in life, and be more inclined to sell. And it's a difficult question for many investors to face regarding how to shift their money into retirement. If you've accumulated 1000 shares of Coca-Cola stock that pays you a dividend of $470 every three months, it's easy to understand why you'd be reluctant to sell it. But then again, you could have been enjoying your Lehman Brothers and Wachovia dividends before both companies slashed them in 2008, leaving you with nothing in the case of Lehman Brothers, and darn near nothing in the case of Wachovia. While most investors would be wise to shift their assets to an allocation that is a mixture of bonds, stocks, and annuities, it may also be wise to hold on to a few steady large-cap stocks to guide you through your retirement years. Be sure to visit this great article at The Oblivious Investor for further reference: http://www.obliviousinvestor.com/should-you-own-stocks-in-retirement/ .