Originally Posted by 73ss454
I was wondering what others plan to or did with their asset allocation once SS enters the picture.
Let's say one has a 50/50 asset allocation, would this change with SS?
I plan to make no changes in my AA. Until I claim SS, I am partially substituting for SS with an equally certain monthly income stream from a cash equivalent. I suppose I could invest more in equities when SS begins. However, I am growing older and it is often said that the older you get, the smaller percentage you should have in equities.
To implement that generalization, one could follow the Rule of 120
, for example. In my case, I'll follow the "Rule of W2R". This means I won't do anything until I get SS, and then I will continue doing nothing.
By not doing anything, there will be a one time shift in dependence from equities when I start receiving SS.
Another such shift will occur in my 80's, should I decide to purchase an immediate lifetime annuity at that time.