Thanks CyclingDuo, this is helpful. And yes, she does pay into SS.According to T. Rowe Price, you are just about in the 15%-35% in bonds for your age group (early 50's, adjusting to a higher percentage as you move through your 50's).So, here's my question ... If you add all the above up, my AA is 82% stock / 14% Bonds / 4% Other (mostly cash).![Image]()
https://www.troweprice.com/personal-inv ... ement.html
At least based on our thinking for a household that includes one spouse with a pension, we allowed our AA to drift a bit more aggressive (higher equities) than if we did not have a pension. I'm not suggesting you have to follow that line of thought, but just pointing out it is not out of the question to factor in the pension when adjusting your AA. We had a similar AA at your age due to the pension. Now in our 60's, our retirement accounts have glided to a range of 70/30 to 60/40 between the two of us (and the pension has begun). Like your wife, my wife also utilized the 457b + the 403b plans on top of the mandatory pension contribution. Each household's AA is unique and involves a lot of factors that are difficult to compare to each other.
Does your wife also pay into SS?
CyclingDuo
Statistics: Posted by Money_Badger — Sun Mar 03, 2024 3:41 pm — Replies 16 — Views 1941