Originally Posted by frayne
Just curious how many follow the age in bonds school of thought ?
Going on 60 years of and have about 60% of portfolio in equities with no real desire to change.
At age 60, DW/my joint retirement portfolio had the same equity target as you. Today (three years older), our AA is set at 50/50 (50% equity/50% bond-cash).
We lowered it to a 50% equity target not because of reducing risk, but finding out that a lower target still showed we would meet our plan with slightly reducing market risk.
What will tomorrow/next year/next decade bring? Stay tuned.