Recommended Reading: Four Books That Cover It All
by William Reichenstein
They owe their success to three factors. First, they have saved diligently, especially in the most tax-advantaged savings vehicles like the Roth IRA and 401(k).
Second, they selected and maintained a target asset allocation with a healthy allocation to stocks. While in their 30s, their stock allocation was about 90%, but it has slowly decreased through the years and at their current age of 60 it is about 55%.
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