Baby Boomers Are Putting Their Retirement at Risk With This Investing Mistake

Christy Bieber, The Motley Fool
·3-min read
Baby Boomers Are Putting Their Retirement at Risk With This Investing Mistake

Most baby boomers are retired already, or are getting close to it. Recent data from Fidelity shows members of this generation are the most likely to be overinvested in stocks and thus invested too aggressively based on their retirement timeline. Fidelity reports 23.2% of employees enrolled in a defined contribution plan have too much equity exposure, with boomers most likely to make this potentially costly error.