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10-29-2011, 06:28 AM
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#21
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Recycles dryer sheets
Join Date: Oct 2010
Posts: 51
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100% currently, earning > 6% fixed, government guaranteed (in Australia).
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10-29-2011, 06:42 AM
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#22
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2006
Location: Washington, DC
Posts: 11,331
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I only have about 1.5% in real cash (MMF). But I have about 14% more in the TSP G Fund which pays mid term treasury rates but is as safe as cash on the down side.
__________________
Idleness is fatal only to the mediocre -- Albert Camus
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10-29-2011, 07:35 AM
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#23
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Recycles dryer sheets
Join Date: Sep 2011
Location: Easten Long Island
Posts: 414
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 Quote:
Originally Posted by Sparkie67
100% currently, earning > 6% fixed, government guaranteed (in Australia).
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Sounds good. In the past 5 years the AUD has appreciated nearly 40% vs. the USD.
What's your inflation rate?
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10-29-2011, 08:38 AM
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#24
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gone traveling
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,851
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Quote:
Originally Posted by Bestwifeever
Too much for many people's taste, but it lets us sleep at night knowing it's there.
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I would agree, being more than a bit conserative.
As for me (retired for a few years)? I'm currently holding at the "minimum" at 3 years of income (includes taxes due). Of course, in a bit over two years I'll be able to claim against my DW's SS at 50%, which extends that spend rate.
As far as DW? We set her (gross) cash at 3-4 years of income (includes taxes). However, she changed her mind and still continues to be employed today, at just over two years till her FRA SS.
Assuming DW retires tomorrow, she's at more than 5 years in gross cash. If she decides to retire at FRA (which is possible), she will have (with two small pensions that will kick in in about 1.5 years) at close to 18 years of gross cash. And heck, that dosen't even consider her collecting my SS (which as a benefit, is much higher than her FRA SS)....
Since the OP asked....
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10-29-2011, 08:39 AM
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#25
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Recycles dryer sheets
Join Date: Dec 2007
Posts: 482
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One two years of living expenses in cash or cash equivalents....still working
__________________
Retire date Jan. 10, 2018
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10-29-2011, 08:56 AM
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#26
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Thinks s/he gets paid by the post
Join Date: Sep 2008
Posts: 2,171
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Quote:
Originally Posted by justplainbll
Quote:
Originally Posted by Sparkie67
100% currently, earning > 6% fixed, government guaranteed (in Australia).
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Sounds good. In the past 5 years the AUD has appreciated nearly 40% vs. the USD.
What's your inflation rate? |
Indeed it does! What pays 6%, short term government bonds? Must one be an Australian citizen to buy them?
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10-29-2011, 09:41 AM
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#27
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Thinks s/he gets paid by the post
Join Date: Mar 2010
Location: Chicago
Posts: 1,154
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10.7 and languishing in an online account making 1%. Losing money essentially due to inflation. I guess some people need their chicken money.
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10-29-2011, 09:53 AM
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#28
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,501
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Quote:
Originally Posted by ripper1
10.7 and languishing in an online account making 1%. Losing money essentially due to inflation. I guess some people need their chicken money.
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Sure beats selling low to pay for living expenses when the market dives. 
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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10-29-2011, 10:05 AM
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#29
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Thinks s/he gets paid by the post
Join Date: Mar 2010
Location: Chicago
Posts: 1,154
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I heard that, W2R. By the way have you taken off your crash helmet.
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10-29-2011, 10:07 AM
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#30
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,501
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Quote:
Originally Posted by ripper1
I heard that, W2R. By the way have you taken off your crash helmet.
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Never! I'm a belt-and-suspenders kind of gal... 
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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10-29-2011, 10:11 AM
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#31
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Recycles dryer sheets
Join Date: Jan 2011
Location: Marietta
Posts: 117
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Moved to 40% cash on Thursday. Sold all my bonds as the market was down 15% from recient highs. Looking for oportunity to buy bonds on the dips.
__________________
Give me a surfboard and a hammock, some fresh fruit and veg, a fish or two and I am happy for life. I don't need much of a roof over my head to be happy.
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10-29-2011, 12:01 PM
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#32
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Thinks s/he gets paid by the post
Join Date: Oct 2011
Location: Philadelphia
Posts: 1,412
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In addition to a 1 year emergency fund, I keep about $15K of working cash, and about 3-5% in my investment portfolio in cash. I use the 3-5% to buy on dips, so that occassionally goes down to zero.
I'm not retired at all. Not YET anyway ;-)
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10-29-2011, 12:10 PM
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#33
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gone traveling
Join Date: Sep 2003
Location: DFW
Posts: 7,586
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My target allocation is 10%, but right now sitting at 46%. I'm still concerned about the lack of jobs, depressed real estate market, european mess, huge deficit and a gov't that can't agree on anything.
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10-29-2011, 03:05 PM
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#34
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Thinks s/he gets paid by the post
Join Date: Oct 2010
Posts: 2,472
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Retired I am at 1%, but ready to pull the plug on another year of expenses out of a short term investment grade fund.
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10-29-2011, 06:07 PM
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#35
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Recycles dryer sheets
Join Date: Nov 2010
Location: Houston/Galveston area
Posts: 163
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Ample cash, MM, and short term bonds in taxable to take me to SS at 62. I made my bed conservatively when I retired and I'm very comfortable sleeping in it.
__________________
Retired 3/1/2011
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10-29-2011, 10:38 PM
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#36
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,376
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6.3% in cash, ~1.67 years of expenses.
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10-30-2011, 04:35 AM
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#37
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Thinks s/he gets paid by the post
Join Date: Sep 2010
Location: midwestern city
Posts: 4,061
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Same for me. Zero in equities. About 3% in municipal bonds. That leaves about 97% in cash, CDs, or equivalent. No annuities (yet). Not retired yet, but retiring next year, age 47, with annual withdrawal target between 60k and 100k x 50 years.
Quote:
Originally Posted by JOHNNIE36
100% cash which includes IRA CD and bank CD's. Zero in equities or bonds.
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__________________
Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
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10-30-2011, 08:18 AM
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#38
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Thinks s/he gets paid by the post
Join Date: Oct 2010
Location: Waimanalo, HI
Posts: 1,881
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So, to summarize the investment experience and expertise of this group, you want to hold from zero to 100% in cash.
__________________
Greg (retired in 2010 at age 68, state pension)
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10-30-2011, 08:21 AM
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#39
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Recycles dryer sheets
Join Date: Sep 2011
Location: Easten Long Island
Posts: 414
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Quote:
Originally Posted by greglee
so, to summarize the investment experience and expertise of this group, you want to hold from zero to 100% in cash.
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aka 50% ?
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10-30-2011, 08:56 AM
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#40
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Thinks s/he gets paid by the post
Join Date: Oct 2010
Location: Waimanalo, HI
Posts: 1,881
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Quote:
Originally Posted by justplainbll
aka 50% ?
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No, I mean to be saying that we're all over the map on this issue. There is no agreement.
__________________
Greg (retired in 2010 at age 68, state pension)
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