Brianeboatman
Recycles dryer sheets
I have a question for all you smarter-than-me types. For those of you who have a pension, do you count your pension as a "fixed income" allocation? When I retire, I'm wondering how to handle my pension income as part of my overall asset allocation. My annual spending is about $75k. In retirement, my pension income will be approximately $60k. I'm thinking about keeping ALL my retirement savings in equities - yes, 100%. Does this sound crazy? I will have approximately $800,000 in my retirement savings at the time of my retirement.
I guess the alternative would be to separate the two; pension and retirement savings. Do you keep an asset allocation in the retirement savings as, say, 80%/20%?
I hope this all makes sense to you. Please reply!
I guess the alternative would be to separate the two; pension and retirement savings. Do you keep an asset allocation in the retirement savings as, say, 80%/20%?
I hope this all makes sense to you. Please reply!