I have 500k available as a rollover coming this in December. My thinking is just to roll it over and investing it with my current Asset Allocation 40/60. I am an early retiree at age 60 and still working part-time. Of the 500k....half comes from a Defined Pension and half from a 401k that was invested very conservatively that I had no control of until now.
With the market hitting new highs I have given some thought of dollar cost averaging into the market over say 6 months.
I am a Bolgehead and invest in a ETF 3 Fund Portfolio with Schwab.
Being concerned about sequence of returns risk,particularly for an early retirement, I have decided 40/60 feels right for me. I have 1Million prior to this rollover, along with a small pension and a strong SS stream ahead.
Thoughts on dumping it all in or overtime?
Thanks Tom
With the market hitting new highs I have given some thought of dollar cost averaging into the market over say 6 months.
I am a Bolgehead and invest in a ETF 3 Fund Portfolio with Schwab.
Being concerned about sequence of returns risk,particularly for an early retirement, I have decided 40/60 feels right for me. I have 1Million prior to this rollover, along with a small pension and a strong SS stream ahead.
Thoughts on dumping it all in or overtime?
Thanks Tom