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Gen X investors near retirement face dotcom-bubble portfolio risk

The shift toward retirement planning pressures investors to avoid market timing mistakes as they still have about 10 to 15 work years left, according to CNBC Markets.

Reported · Written up by our desk · Sectors

CNBC Markets reports that many Americans in the Gen X age range, roughly 50 to 55, have only about 10 to 15 work years remaining, extending the period in which they are relying on 401(k) and IRA growth investments.

The outlet says that as retirement approaches, this group faces the lingering impact of past drawdowns, including the dotcom bubble, with the challenge of staying invested while reducing the risk that an ill-timed market crash derails portfolios.

CNBC Markets highlights that the longer runway these investors have can support continued investing, but it can also collide with their need for more durable planning as retirement gets closer.

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