This can be the BIGGEST financial mistake of your entire life. (Almost $135b for Warren Buffett) Warren Buffett is worth about $150b now. If he would have took all of his Berkshire Hathaway stock when he turned 65 and put it into a bond that yields 4%, guess how much money he would have now... Scenario A: Stay all in BRK Scenario B: Convert to bonds at 4% at age 65 Think about this for a minute... BRKs average annualized return is about 20% per year. We are comparing to a bond assuming 4% annually. Scenario A: $150b Scenario B: $15b That's a difference of 10x... That's a difference of $135b Run the numbers for yourself if you don't believe me... So you think you are being "less risky" going to bonds... But I think leaving $135b on the table is where the real risk is... Think about this before you make a bad decision...