Retirement planning is always important, but the five years before you leave the workforce carry a different kind of weight. This is the moment when you shift from building your nest egg to figuring out how it will actually support you. “We often refer to the three to five years preceding retirement — and the five to seven years following it — as the ‘retirement danger zone,'” says Ross Hamilton, director and private wealth adviser at Broad Branch Wealth Advisors of Raymond James.
It’s a window when several forces converge: your portfolio is often at its highest value, your ability to recover from market
Source: 5 Years Until Retirement? Here Are 5 Investing Rules to Follow | Kiplinger