IMHO (In My Humble Opinion) it depends on several things including- how close you are to retirement- how long you expect to live in retirement- your tolerance for riskThe basic rule of thumb is - as you get closer to retirement you should shift your retirement portfolio to "less risky" investments - so that there is less volatility in your funds.It used to be that meant buying bonds in US companies - however in today's world "less risky" may equal more diversified...also people are living much longer these days so a bigger part of your portfolio may need to stay in riskier assets, which in theory should provide a greater return over time...Bottom line - talk to a trusted, fee based certified financial advisor.