Recent content by Extinction

My asset allocation is 60/40. As I am 57, a common recommendation is to have 57% of one's portfolio (or for simplicity, 40/60) in lower risk assets. With all the chatter of overvalued markets and my recent FIRE, I am considering making this portfolio change. My question concerns my pension which...

In hindsight, the added expense of interest is the simple discriminator. Spend less, have more over the long term. If one can manage their expenses, then spending less on interest is a no-brainer. Interestly, when I simulate paying off my mortgage as pb4uski suggests, my success rate drops...

I will be retiring this year or next depending on a few variables. I am 56 and my wife is 55. We have 26 years left on a 30 year mortgage and there is a good chance we may never move. My Firecalc projections are coming in at 97% for 35 years. Since the mortgage is fixed, I had entered that value...