Question about Asset Allocation

[Nords]

Quote:

Originally Posted by ronin 95 seems a brilliant age to exuviate, so I'll say 0% & 0%.*

"Exuviate" makes a lot more sense when you don't confuse it with "exfoliate".

This board has really expanded my vocabulary...

[Sheryl]

I had to look that one up too. Here's a great opportunity I found in the process.

"exuviate.com - Exuviate info. This website is for sale!"


I've been using age 95 for my FIRECalc planning - mainly because I'm 45 and 50 is a nice even number to plug in. In reality I'll probably want to make sure that I have enough to live to about 105. My grandmother is 101 and going strong.

But as I read recently, and notice with firecalc most portfolio cacluators seem to "go asymtotic" at anthing beyond 40 or 50 years.

[bosco]

Quote:

Originally Posted by Sheryl One of the points I've absorbed reading this forum is that no plan is foolproof without using a little common sense and human reasoning skills.

I also think being flexible is key. The "I'm going to take out 4% inflation adjusted no matter what" is not part of my plan. I'll have a core amount that I need to pay the bills, and then take out more in good years and less in bad years. The alternative is to work longer to build up a bigger "war chest." I value my time more than that.

There are a couple of calculators that help evaluate flexible withdrawal schemes. I think flexibility is a good thing--and conducive to maintaining health as one ages.

[Sheryl]

Quote:

Originally Posted by bosco The alternative is to work longer to build up a bigger "war chest."* I value my time more than that.* <snip>* I think flexibility is a good thing--and conducive to maintaining health as one ages.

Amen Brother!