We are getting ready to ER next April at age 55 and 54 respectively. Knowing that we will need to live off savings and taxable accounts, along with a small pension until 59.5, how much of your portfolio would you have invested in cash/CD's etc....?
We are currently 45/45/10 stocks/bonds/short term. Non tax deferred accounts will be pretty close to exhaused at 59 most likely. No debt. No children left at home.
We've run all the calcs including Firecalc and appear to be good to go. Would like some input as to amount we might keep in cash reserves.
Thanks!
We are currently 45/45/10 stocks/bonds/short term. Non tax deferred accounts will be pretty close to exhaused at 59 most likely. No debt. No children left at home.
We've run all the calcs including Firecalc and appear to be good to go. Would like some input as to amount we might keep in cash reserves.
Thanks!