10/06/2026
As retirement approaches, many people start thinking more carefully about investment risk. But de-risking doesn't necessarily mean moving everything into cash or giving up on growth.
In simple terms, de-risking means adjusting your investments over time to make them more aligned with your goals, income needs and comfort with risk.
A few key points to consider:
💡 Retirement can last decades, so growth may still play an important role even after you stop working.
💡 Diversification can help reduce reliance on any one area of the market, although it does not remove risk entirely.
💡 Taking withdrawals during market downturns can affect long-term outcomes, which is why some retirees build flexibility into their income plans.
💡 Your attitude to risk may change over time, making regular reviews of your investments important.
There isn't a universal age or milestone when everyone should de-risk. The right approach depends on your circumstances, objectives and how you plan to use your money in retirement.
The challenge is finding the right balance between protecting what you've built and ensuring your investments continue to support you throughout retirement.
After all, de-risking isn't about avoiding risk completely. It's about making sure your investments remain aligned with the life you want to live.
Read more: https://partnership.sjp.co.uk/article/detail/sjpp/approaching-retirement-what-is-the-right-time-to-de-risk.html
