Asking folks to share their allocations and rationale has been done before, but it has been a while and perhaps some will participate that haven't before. Very interested in:
1) Retiree's portfolio context; i.e, current age and is it only source of income vs. pension(s)
2) High level stock/non-stock allocation and how do you plan to change this over time
3) Specific asset allocations to demonstrate what extent if any using slice/dice, buckets, etc.
My answers as a start:
1) No pensions for spouse or I, but plan to begin my SS next year at 62; wife eligible 4 yrs later
2) Roughly shooting for 50/50 allocation with no plans at this time to alter as get older. Feel this is conservative enuf for my age but want to have stock to offset inflation. If things going ok will not decrease stock allocation as grow older as would like any excess to be there for children/grand children.
3) Use personalized slice and dice as well as buckets. All funds are Vanguard:
3% Emerging Markets
3% Pacific
4% Europe
10% Small Cap Index
10% REIT Index
15% Asset Allocation Fund
15% Wellesley
10% TIPS Fund
10% GNMA
20% Cash and Reserve (CD ladder, I Bonds)
1) Retiree's portfolio context; i.e, current age and is it only source of income vs. pension(s)
2) High level stock/non-stock allocation and how do you plan to change this over time
3) Specific asset allocations to demonstrate what extent if any using slice/dice, buckets, etc.
My answers as a start:
1) No pensions for spouse or I, but plan to begin my SS next year at 62; wife eligible 4 yrs later
2) Roughly shooting for 50/50 allocation with no plans at this time to alter as get older. Feel this is conservative enuf for my age but want to have stock to offset inflation. If things going ok will not decrease stock allocation as grow older as would like any excess to be there for children/grand children.
3) Use personalized slice and dice as well as buckets. All funds are Vanguard:
3% Emerging Markets
3% Pacific
4% Europe
10% Small Cap Index
10% REIT Index
15% Asset Allocation Fund
15% Wellesley
10% TIPS Fund
10% GNMA
20% Cash and Reserve (CD ladder, I Bonds)