pb4uski
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I would be interested in views on whether or not to consider pensions or SS in AA.
For example, right now I have a pension from a former employer that I can begin to draw anytime between now and 65. The sweet spot under that plan is about age 60 and I am now 55.
To date in AA, I have totally ignored this "asset".
However, I wonder if I should impute a value for this pension and include that as a fixed income in my AA, which would then result in higher equity positions in my investment accounts, but would still overall remain at my 60% equities/40% fixed income targets.
Do any of you consider pensions to be fixed income for AA purposes?
Also, if it is appropriate for private pension, should we apply the same notion to SS?
For example, right now I have a pension from a former employer that I can begin to draw anytime between now and 65. The sweet spot under that plan is about age 60 and I am now 55.
To date in AA, I have totally ignored this "asset".
However, I wonder if I should impute a value for this pension and include that as a fixed income in my AA, which would then result in higher equity positions in my investment accounts, but would still overall remain at my 60% equities/40% fixed income targets.
Do any of you consider pensions to be fixed income for AA purposes?
Also, if it is appropriate for private pension, should we apply the same notion to SS?