Is anyone 50+ and still in full aggressive growth mode with IRA?

[Rickt]

Age 59 now, retired 2 years and withdrawing living expenses from our portfolio, no pension.
We were 100% stock prior to retirement. Retired at 57 and changed AA to 85/15 and then changed to 70/30 in Sept, 2018. Plan to keep AA at 70/30.

[MarieIG]

You people keep wanting me to do math.

I don't have everything in a spread sheet and it's not in one place.

So, I don't have a lot of bonds. What I have are bond funds tucked away in some target retirement funds, a little Vanguard total Bond fund, and some paper bonds in a safety deposition box. Cash, yes, but it that waxes and wanes a little with some selling or buying. So, my kinda-sorta goal is 75/10/15; (I prefer cash to bonds at the moment, yes, I know) but it is probably around 90/2/8.

[cyber888]

I have already found the fountain of youth .. so that's a problem

Quote:

Originally Posted by Ready-4-ER-at-14 I'm planning on being solvent for the next 100 years just in case I stumble across some fountain of youth so I must have growth. Also I want more money each year in retirement rather than less. Even if I can't spend it all buying stuff there is always random gifting. I know that at least one much older person gave me money to buy something for my kids a couple times when I politely declined a too generous tip stating they had too much money. I still smile at that memory and the older person who had too much money.

[TimSF]

56 years old, 6 years retired, and 70% stocks.

[Navigator]

When I was in my 50s I was 100% stock. Being an engineer, I looked at how the strategy of having your age in bonds would work under different market conditions, using historical market returns. If you plan on living another 30 years, owning at least 60% stock outperformed the age in bond strategy in every market condition, usually by a wide margin.

[Floridatennisplayer]

Age 64. Of our total investable assets: 40% equities, 20% bond, 20% cash, and 20% annuity.

Retired in January and looks like our SS, annuity, and small pension cover 100% of our living expenses as planned. I know I have too much cash in a MM fund. Should throw some of that into something else.

[DrRoy]

60 and 59%.

[dixonge]

We are around age 60. 100% RSP (equal weighted S&P 500 fund) - but we have pensions

[hulurt1]

I'm 66. Have 93% in stocks..3 years in cash, all IRA and Roth. Haves 1.2m and do not take SS. I'm hoping for the market to go down so I can move from Ira to Roth. ;last year at the dip moved and was able to get back the tax I had paid and up 10% on the move.
SS is if market really crash's I will take when my cash runs out.

[wrigley]

I'm 59 and about 75/25.

Mike

[Big_Hitter]

No IRA here, just 401k/ps

[Running_Man]

I count 37 entries of with an average holding of 71% equities the median is 75%

[NW-Bound]

^^^^ The S&P dropped 3% today. That makes the average 69%.

[OldShooter]

Quote:

Originally Posted by NW-Bound If you are in the mid 70s or older and still have a decent portfolio that you are not likely to exhaust and are thinking of passing on to your heirs, there's no reason to cut back on stock AA.

The broader point here is that the age-based rules are silly in that they ignore the amount of money involved and the person's goals for the money.

A 70 YO with $200K
A 70 YO with $10M, planning to leave a sizeable estate
A 70 YO with $1M and a goal that his last check will bounce.
A 70 YO with a COLA pension and WR near zero, planning a charitable estate.

Same AA based on being 70? And ignoring family history lifetimes and male/female differences in lifetimes? again!

Most of our money will outlive us. 72YO and 75%.

[stephenson]

65 and probably 80/20 in IRA ...

If the market tanks like in Dec 18, I’ll sell out of bond funds and buy stocks cheap ...

No issues with being way over allocated in equities ... pensions and rental income provide addition hedge against longer periods dow ... everyone’s perspectives vary based on wide variety of factors.

On the other hand ...many that are 55-65 on this thread may not remember when the equity market sucked?

[bonvoyage]

Quote:

Originally Posted by stephenson 65 and probably 80/20 in IRA ... On the other hand ...many that are 55-65 on this thread may not remember when the equity market sucked?

I started working in the early 90s and have not forgotten that stocks appreciated very slowly until about 1996 when they suddenly started exploding.

[carnivalday]

Just retired last year at 65 and have about 90% in dividend paying stocks, ETFs, CEFs, and preferreds.

[ejman]

Apparently I'm the chicken here. 50/50 since I ER'd 17 years ago. Took SS at 62, currently my WR rate hovers around 1%. Works for me. I do have a wide 10% rebalance band so nothing to do for years and years. Just the way I like it.

[HI Bill]

95% at 52 (FIRE - 1 year)
81% at 53 (FIRE - 0.5 years)

[almost there]

58 next month, 3.5% ave on 100% CD's.
Nice not to have to even think about it.
Better things to ponder in life. lol lol
The market took up too much of my time/life.
Burden has now been permanently removed...........
Last couple years.
Good riddance.,