Hello everyone,
So I am around 7 years out I am thinking. At present, I have 1.4mil in retirement accounts. Goal is to hit 3mil by then. Should be 50/50 Roth and Traditional 401k. A bit ambitious, but we will see.
So at the moment, I am almost 100% stocks. I fully understand that the market can tank (hopefully now and not years later). So after I retire, do I go for super safe, and just try to get that 4% return, or do I stay the course I have now, or maybe split the difference? I worry about hitting that huge market downturn at exactly the wrong time. The first few years of retirement.
Your goal of 3 million could also be only 800,000 if the market tanks your 100 pct stock portfolio.
You have no way of knowing what you will have 7 years from now with your current allocation. If I was you I would be more worried about the next 7 years than you seem to be.