{"id":10665,"date":"2025-07-15T03:32:09","date_gmt":"2025-07-15T03:32:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/10665\/"},"modified":"2025-07-15T03:32:09","modified_gmt":"2025-07-15T03:32:09","slug":"3-investments-i-ditched-to-have-a-more-secure-retirement","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/10665\/","title":{"rendered":"3 Investments I Ditched To Have a More Secure Retirement"},"content":{"rendered":"\n

As you age, the investments that helped you build wealth<\/a> over the years may no longer fit your retirement goals. That\u2019s when it becomes important to reassess your portfolio and shift toward strategies that prioritize stability, income and peace of mind.<\/p>\n

Read More: I\u2019m Retiring a Multimillionaire \u2014 Here\u2019s What I Wish I Knew in My 30s<\/a><\/p>\n

Consider This: 6 Hybrid Vehicles To Stay Away From in Retirement<\/a><\/p>\n

GOBankingRates spoke to Michael B., a 67-year-old retiree who ditched some investments that never made sense to his lifestyle a few years ago. Here are the three investments he got rid of for a more secure retirement<\/a>.<\/p>\n

Michael\u2019s first move was selling individual growth stocks he owned. While these stocks have helped him boost his retirement savings, the volatility became too much as he approached his golden years.<\/p>\n

\u201cSome days my portfolio was up thousands, and other days it was down just as much,\u201d Michael said. \u201cI didn\u2019t want to spend my retirement constantly checking the markets and stressing over what the Fed might do next.\u201d<\/p>\n

Michael wanted something more stable, hence replacing these stocks with index funds and exchange-traded funds (ETFs)<\/a>.<\/p>\n

Find Out: 4 Retirement Expenses Boomers Didn\u2019t Plan for \u2014 but Should Have<\/a><\/p>\n

Like many investors who didn\u2019t want to miss out, Michael had allocated 3% of his portfolio to Bitcoin and Ethereum<\/a>. However, the extreme volatility made it unsuitable for his retirement goals.<\/p>\n

\u201cI didn\u2019t want to miss out. I gave crypto a chance,\u201d Michael said. \u201cBut at this stage of life, I value stability more than potential.\u201d<\/p>\n

He sold his crypto holdings and put the funds toward safer, income-generating assets.<\/p>\n

Michael had a few actively managed funds<\/a> in his portfolio, but he realized he was paying hefty fees for funds that underperformed the market. Most of these funds he had in his portfolio had an expense ratio above 1%.<\/p>\n

\u201cI realized I was paying more without actually earning more,\u201d he said. \u201cIt just didn\u2019t make sense anymore.\u201d<\/p>\n

He switched to low-cost index funds<\/a>, which gave him broad market exposure at a fraction of the cost.<\/p>\n

More From GOBankingRates<\/p>\n

This article originally appeared on GOBankingRates.com<\/a>: I\u2019m a Retired Boomer: 3 Investments I Ditched To Have a More Secure Retirement<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"As you age, the investments that helped you build wealth over the years may no longer fit your…\n","protected":false},"author":2,"featured_media":10666,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,10693,10692,147,530,1048],"class_list":["post-10665","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-hybrid-vehicles","tag-michael-b","tag-personal-finance","tag-personalfinance","tag-retirement-savings"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/10665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=10665"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/10665\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/10666"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=10665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=10665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=10665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}