Time to rebalance?

[tominboise]

Quote:

Originally Posted by chassis Ignore catchy phrases like "pigs get slaughtered". It's barroom talk. What is your net worth and current withdrawal rate, income outside of retirement assets (e.g. pension, annuity, rental income), and intentions for Social Security? What is your target net worth in dollars by a certain age, and what is your intent for your estate? Do you want to die broke or leave something for the next generation? In my opinion you are far too light on stocks. What is your risk appetite? Mine is above average, and volatility doesn't bother me. What was your profession prior to retirement? How savvy are you financially, beyond monthly household budgeting? In my opinion investors should have zero dollars in bonds today. Low yield, extreme price risk and billionaires across the board write that bonds are a poor place to invest today.

Our withdraw rate is around 2.3%. We will take SS at ages 70. No pensions to speak of (a couple of very small pensions that will start at age 65 and basically pay our power bills or something). Plan on leaving between $1-2mil in estate for the kids, if possible.

I am a professional engineer and have managed our finances well enough to retire early. I do nothing when the market crashes, except to rebalance where it makes sense. I have kept 30-35% in bonds for the past 31 years, if that tells you anything. Should have been lighter but it worked for me.

[chassis]

Quote:

Originally Posted by tominboise Our withdraw rate is around 2.3%. We will take SS at ages 70. No pensions to speak of (a couple of very small pensions that will start at age 65 and basically pay our power bills or something). Plan on leaving between $1-2mil in estate for the kids, if possible. I am a professional engineer and have managed our finances well enough to retire early. I do nothing when the market crashes, except to rebalance where it makes sense. I have kept 30-35% in bonds for the past 31 years, if that tells you anything. Should have been lighter but it worked for me.

@tominboise you are in good shape. I prefer higher growth and would hold no money in bonds now because of extreme underperformance vs stocks at this time. It's a personal preference and choice.