I'm relatively new here so I apologize if this has been addressed before but I couldn't find it in my searches. Everything I've read about asset allocation strategies focus on a specific date (or age) for retirement. The intent is to reduce risk the closer you get to your retirement date. But for young dreamers who can afford the risk, why not identify a target account value instead and work to reach that target as aggressively as possible? Once the target is reached then reallocate assets to reduce risk.
For example, if we've decided $2.5 million would fund our retirement with a SWR, why not keep an extremely aggressive asset allocation (100% stocks) until we reach that target. It seems this strategy would get us to the target (retirement) fastest. Am I missing something?
-aerohokie
For example, if we've decided $2.5 million would fund our retirement with a SWR, why not keep an extremely aggressive asset allocation (100% stocks) until we reach that target. It seems this strategy would get us to the target (retirement) fastest. Am I missing something?
-aerohokie