Should You Dump Your Stocks if Retirement Is Near?

The past week was an unsettled one as far as the stock market was concerned. But it also wasn't particular unusual.

The reality is that the stock market is known to be volatile, and it's undergone its share of corrections through the years. Investors who stay the course and keep their portfolios intact during downturns can often avoid losses and come out winners.

Things get dicey, however, when your portfolio takes a hit right as you're on the cusp of retirement. It therefore begs the question: Should you hold onto stocks if retirement is right around the corner? Or are you better off dumping them and sticking to safer investments instead?

Source Fool.com