LeavingOhio
Recycles dryer sheets
Just curious if any of you have either all or mostly stocks in your portfolios while you are either very close to retirement or in retirement.
Dave Ramsey suggests this...he is against bonds or CDs. Pretty much he says stocks within mutual funds and then real estate if you're into that, but no bonds, no CDs.
I'm also against CDs for now as they give too little, but I have bonds in my portfolio (about 13% now at age 46), and I have told myself I will increase that percentage as I get closer to retirement and then in retirement, probably to the tune of 30-40% ultimately. I'm not tied to that strategy though, and I'd like to know if any of you have a much lower percentage of bonds in your retirement portfolio.
I will admit to greatly enjoying the stock market returns since the big drop in 2008. Imagining myself in retirement, if I could have greatly dropped my Withdrawal Rate (lived mostly on SS for example) during such a bad time, I could have weathered the big drop and enjoyed the big gains on the other side.
Ramsey is the only one I hear say to be 100% in stocks or real estate in retirement.
Dave Ramsey suggests this...he is against bonds or CDs. Pretty much he says stocks within mutual funds and then real estate if you're into that, but no bonds, no CDs.
I'm also against CDs for now as they give too little, but I have bonds in my portfolio (about 13% now at age 46), and I have told myself I will increase that percentage as I get closer to retirement and then in retirement, probably to the tune of 30-40% ultimately. I'm not tied to that strategy though, and I'd like to know if any of you have a much lower percentage of bonds in your retirement portfolio.
I will admit to greatly enjoying the stock market returns since the big drop in 2008. Imagining myself in retirement, if I could have greatly dropped my Withdrawal Rate (lived mostly on SS for example) during such a bad time, I could have weathered the big drop and enjoyed the big gains on the other side.
Ramsey is the only one I hear say to be 100% in stocks or real estate in retirement.