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Look out for the 'retirement danger zone' Clients who are approaching retirement while the market is experiencing turmoil -- a combination that some experts dub a portfolio "danger zone" -- are advised to avoid making knee-jerk decisions, according to this article on CNBC. As Americans' lifespans have grown, many advisors have been shifting their investment mix recommendations, urging clients to head into retirement with higher levels of stock than previously recommended. Still, some older clients are overexposed to equities. In a recent report, Fidelity found that 11% of account holders age 50 to 54 had all of their 401(k) assets in stock; and another 18% had a stock allocation at least 10 points higher than suggested. In the 55 to 59 age group, 10% had their entire 401(k) in stocks, and another 27% had a higher-than-recommended stock allocation. But wherever your client falls on that spectrum, now isn't the time for them to make a radical pullback to less risky investments—or out of the market altogether, this article says.  --CNBC

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