DblDoc
Thinks s/he gets paid by the post
- Joined
- Aug 11, 2007
- Messages
- 1,224
You are correct! I used 50/50 stock-bond asset allocation and a 1% expense ratio. The 1% ER is below the normal ER and seems reasonable. Regarding stock exposure, I don't think many 65 to 85 year old's are comfortable with even a 50% exposure to stocks. You are correct regarding the possibility of getting a lower ER. However, most of us are market timers with our emotions (i.e., DALBAR) and will probably do much worse than FIRECALC returns. Even if one ends up with making it, the uncertainty of not knowing (even if FIRECALC says 100%) is uncomfortable for many.
Not for this board .
DD