Chuckanut
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I am sure this has been discussed many times before, but I can't seem to find it on the forums so I thought I would ask.
I am planning on retiring at age 62. I expect to live into my 90's since my parents did. What asset allocation should I choose? I had been thinking of a simple 50/50 split between a US TOTAL STOCK INDEX and a BOND INDEX. Some people have suggested adding about 10% INTERNATIONAL STOCK INDEX and others a 5% REIT fund.
Above and beyond the money I invest above, I plan to keep two years of spending cash in short term CD's at the local bank. In case of a Bear market, I can spend that cash rather than sell stocks at a very low price.
Comments?
I am planning on retiring at age 62. I expect to live into my 90's since my parents did. What asset allocation should I choose? I had been thinking of a simple 50/50 split between a US TOTAL STOCK INDEX and a BOND INDEX. Some people have suggested adding about 10% INTERNATIONAL STOCK INDEX and others a 5% REIT fund.
Above and beyond the money I invest above, I plan to keep two years of spending cash in short term CD's at the local bank. In case of a Bear market, I can spend that cash rather than sell stocks at a very low price.
Comments?