Mountain skier
Recycles dryer sheets
- Joined
- Dec 26, 2018
- Messages
- 129
late 50s... will retire in 5 months...non-cola pension 50% of projected expenses...48% stocks/ 52% cash
You and 24601NoMore make me feel better.
I am also an ER and in my early 50's, I am at 36/33/31, I would like to scale back to 15% on the MM/cash position but the political climate is so unnerving, the market is keep shooting up.
95/3/2
Retired 2 years ago at age 53. No pension. Blue skies!
Mid 50s and ER'd last Jan..no pensions.
~25% Equities / 75% Fixed Income (bond funds, CDs and MMs). Working to get equities to ~20% in the new year, and have some company stock that I wanted to sell in 2020 vs 2019 for tax reasons that should get us there.
Divvys from the FI part of the portfolio pay most of the bills. The 25% Equities is 10+ year money for growth.
We're obviously very conservative, but with no W-2 paychecks and being the ages we are, I have no desire to live through another 2008. I've also done quite a bit of research into max drawdown and recovery periods and came to the painful realization that I can't psychologically deal with being "underwater" for potentially 10 or more years in the next bear with a large portion of my net worth..plus, with valuations as high as they are now..the next decade is not likely to be a repeat of the last.
We don't have any desire to just run the number up as high as we can get it, so our plan is structured to deliver "enough" to allow us to live to 95+ with a minimal level of risk.
Great Thread.
55 and No Pension
53% Equities (Blue Chip Dividend Payers)
47% CDs, Munis, Preferred Stock, Cash
Pretty much can live off the income generated so will continue to drive the equity portion down.
100/0. Technically I have some high-yield bonds (3%) and emerging market bonds (3%) but I don't think that's what anyone counts as "bonds" when they ask this kind of question. Been retired for 2 years.
100% equities? And I thought I was aggressive at 80/20.
55/35/10 (in traditional and Roth IRA's, mutual funds, money market accounts and CD's).
No pension but collect about $3500/mo from two annuities and SS.
Also get $1547/mo RMD from two IRA's
I'm 71. My FA says even in a "significantly below average market", I'm good till 100!!
if I can stop thinking about our President and all the bad things that could happen to our economy.
I am the opposite, I am holding at 60/40 now, but if it looks like there will be a "change" in leadership, I will drop equities drastically to avoid the carnage.