I'm 58 and My Financial Advisor Keeps Telling Me to Move Into Bonds. Should I Listen?
Key takeaways
- I'm 58 and My Financial Advisor Keeps Telling Me to Move Into Bonds.
- The advice to shift toward bonds as you approach retirement is one of the most repeated pieces of financial guidance in existence, and like most repeated advice, it contains real wisdom alongside oversimplification.
- The core argument for bonds near retirement is straightforward: you have less time to recover from a major market downturn, and bonds historically carry less volatility than equities.
I'm 58 and My Financial Advisor Keeps Telling Me to Move Into Bonds. Should I Listen? I'm 58 and My Financial Advisor Keeps Telling Me to Move Into Bonds. Should I Listen? Caroline Lubinsky Mon, June 15, 2026 at 1:01 AM GMT+7 7 min read Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
The advice to shift toward bonds as you approach retirement is one of the most repeated pieces of financial guidance in existence, and like most repeated advice, it contains real wisdom alongside oversimplification. At 58, the conversation is worth having seriously, not because bonds are automatically right for everyone at this age, but because the reasoning behind the recommendation deserves a clear-eyed evaluation against your specific situation.
The core argument for bonds near retirement is straightforward: you have less time to recover from a major market downturn, and bonds historically carry less volatility than equities.