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Chad Griffith

These are tricky times for retirement investors. The stock funds in your portfolio are probably going gangbusters—the Dow Jones Industrial Average has broken through 19,500, and 2016 looks like it will go down as the eighth straight year of gains for equities. The bull run is likely to continue into 2017, according to my colleague Paul Lim, given the strong job market and rising wages. But given those returns, you should be thinking about taking gains from your stock funds and rebalancing into your bond funds. That move may seem pretty unappealing right now. Treasury yields have been climbing, and the Fed may raise its key rate when it meets next week—all of which could hurt bond values over the near term. (For a great bond refresher, take this quiz.) But don’t let that deter you. You can’t outguess the market, but you can be vigilant about staying on track toward your retirement goals.

Best wishes,


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