Longevity insurance - your biggest risks now are sequence of return and longevity, delaying social security is one of the best value forms of longevity insurance available so if you have no need for the income today you really ought to take advantage at least with one of yours social security, I would do it with the higher earner (the exception being if you both have legitimately strong reason to believe you will not live for a normal lifespan from here).Wife and I just retired. 66/65.
$2,400,000 invested ~50/50 (VTI/VOO)/Treasuries & BND
If we claim Social Security new we basically do not have to touch our savings. This would allow us to change our investment allocation to 60/40 or even 70/30 and still relax. No heirs.
Why this is not recommended by BH.
For the sequence of return risk, keep your 50/50 allocation today and spend down from the bonds until you reach the long term allocation you want.
Statistics: Posted by avalpert1 — Fri May 10, 2024 8:49 am — Replies 11 — Views 703