RetiredAt49
Recycles dryer sheets
- Joined
- Oct 30, 2021
- Messages
- 468
I love the simplicity of Warren Buffett’s recommended portfolio (90% in a low-cost S&P 500 index fund, 10% in a low-cost short term bond fund).
I promised my spouse (after convincing her that we should fire our AUM wealth management company) that we’d stick to a “couch potato” 2 or 3 fund portfolio.
Having just retired earlier this year at age 49, about 40% of our NW is in a taxable brokerage account. Another 15% are in traditional IRA’s. The rest is in rental properties, our primary home, a business buyout, and a cabin.
I’m planning to transition my brokerage and IRA accounts to a 100% S&P 500 index fund…. As we sell rental properties over the next 5-8 years, we will slowly transition from a 100% S&P 500 ETF to a 90/10 Buffett strategy.
Anyone using this or similar strategy?
I promised my spouse (after convincing her that we should fire our AUM wealth management company) that we’d stick to a “couch potato” 2 or 3 fund portfolio.
Having just retired earlier this year at age 49, about 40% of our NW is in a taxable brokerage account. Another 15% are in traditional IRA’s. The rest is in rental properties, our primary home, a business buyout, and a cabin.
I’m planning to transition my brokerage and IRA accounts to a 100% S&P 500 index fund…. As we sell rental properties over the next 5-8 years, we will slowly transition from a 100% S&P 500 ETF to a 90/10 Buffett strategy.
Anyone using this or similar strategy?