Olderschool
Confused about dryer sheets
- Joined
- Feb 10, 2020
- Messages
- 2
For retirees only?
Just wondering......Right now I keep about 25% or 3 years worth of retirement income in safe funds because I figure that's what I would need to ride out a market downturn. I then have another 20% in a 2025 target date fund which, as you know is diversified. The rest (55%) I keep in an SP500 index fund.
FYI....I have a considerable amount of my wealth is in my home (paid for and worth about $800K). In a horrible situation (a LONG market downturn) I could access the equity on my home if I absolutely had to.
What say you guys?
Just wondering......Right now I keep about 25% or 3 years worth of retirement income in safe funds because I figure that's what I would need to ride out a market downturn. I then have another 20% in a 2025 target date fund which, as you know is diversified. The rest (55%) I keep in an SP500 index fund.
FYI....I have a considerable amount of my wealth is in my home (paid for and worth about $800K). In a horrible situation (a LONG market downturn) I could access the equity on my home if I absolutely had to.
What say you guys?