pb4uski
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
The thread on whether pension/SS is an reduction of the numerator or addition to the denominator got me to thinking about adjusting my AA.
My AA has been 60/40 for year and I intended to carry that forward forever.
However, if I put my situation into FIRECalc and solve for success rates at various AAs using the Investigate tab, it says 100% at any AA, even 100% stocks.... I can confirm by putting 100% stocks into the Your Portfolio tab.
For these purposes, I set spending at a number that is ~125% of what we actually spend (which is what I typically use in planning)... its actually a bit more than 125% because we currently have a mortgage so it includes our mortgage payment and they will end in 2027.
I'm thinking of migrating from 60/40 to a much higher equity allocation.... minimum of 80/20 but possibly as high as 100/0 once we have started SS. The higher risk return would somewhat mitigate that we don't have LTC insurance and provide a larger inheritance for the kids.
Thoughts? Am I crazy?
My AA has been 60/40 for year and I intended to carry that forward forever.
However, if I put my situation into FIRECalc and solve for success rates at various AAs using the Investigate tab, it says 100% at any AA, even 100% stocks.... I can confirm by putting 100% stocks into the Your Portfolio tab.
For these purposes, I set spending at a number that is ~125% of what we actually spend (which is what I typically use in planning)... its actually a bit more than 125% because we currently have a mortgage so it includes our mortgage payment and they will end in 2027.
I'm thinking of migrating from 60/40 to a much higher equity allocation.... minimum of 80/20 but possibly as high as 100/0 once we have started SS. The higher risk return would somewhat mitigate that we don't have LTC insurance and provide a larger inheritance for the kids.
Thoughts? Am I crazy?