I have a $175k pension that covers most of my expenses - can I afford to take more risk in the stock market?

A Redditor, earning $175k annually from a pension, contemplates investing more heavily in stocks despite common advice to reduce stock exposure with age. They express a willingness to treat their pension as bond income and invest the remainder of their portfolio into equities. The article emphasizes the importance of assessing individual financial goals, the necessity of withdrawal amounts from investments, and the impact of market stability on investors' decisions, suggesting that personal circumstances should guide investment strategies in retirement planning.

Investing in the stock market can outperform traditional assets; however, individual circumstances, like approaching retirement, may necessitate a more cautious approach.

While some investors reduce their stock market exposure with age, assessing long-term financial goals and why one wants to take extra risk is crucial.

Read at 24/7 Wall St.