Investing your retirement savings can be stressful and confusing. An easy rule of thumb though is to subtract your age from 100 — the difference is the suggested percentage to be in stocks or other risky investments. For example, if you are 65 years old, you should have 35 percent of your assets in the stock market.
However, that equation probably doesn’t really give you enough information for the right way to safely and efficiently invest your money. Luckily there are many relatively new investment advisors that have automated their investment advice online – making it a potentially less expensive option than hiring a full service financial advisor.
NewRetirement has researched and screened these asset allocation services. Companies like MarketRiders can help you identify the right investments, reduce fees, and alert you when you need to rebalance.