Personal finance is personal, so I'm going to answer based on my personal situation. Someone somewhere said something like set your asset allocation based on your ability, willingness, and need to take risk. I'm an early 50s teacher with a generous, inflation protected pension at 55. My spouse has a pension to add to it. Since many family members have significant health issues, and rely on my household for supplemental income, I have decided my risk tolerance is not what it used to be.
I have calculated our retirement spending could go from 100k pre retirement to 130k retirement. Since Bogle took some off the table in 1999 I believe it was, I'm doing the same. 25/75. This follows my Investing Policy Statement (What I believe to be extreme market conditions). If was 40 years old I would absolutely stay at 80/20 or whatever and keep plugging away
I have calculated our retirement spending could go from 100k pre retirement to 130k retirement. Since Bogle took some off the table in 1999 I believe it was, I'm doing the same. 25/75. This follows my Investing Policy Statement (What I believe to be extreme market conditions). If was 40 years old I would absolutely stay at 80/20 or whatever and keep plugging away
Statistics: Posted by dawgs — Sat Nov 30, 2024 4:47 am — Replies 2 — Views 273