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Originally Posted by Manhattanboy
Any thoughts as to whether it’s too late to move an RSP to cash? My plan is to retire in the next few years but would could leave those funds largely invested and withdraw over time.
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Recently retired financial advisor here and a CFP for another 10 days....
If you have at least three to five years I’d leave it invested. If you need cash in the next year or two then you should had that money in cash. The risk of moving to cash is missing the recovery, which I think is inevitable. We’re sitting in a lot of cash that we don’t need for several years and we’ll be dollar-cost averaging into a non-reg portfolio over the next few months.