I have a nice pension (inflation indexed, governement backed, and joint survivor) that sets a very comfortable floor under retirement spending, but I have not gone to 100% stocks in the investment portfolio. On the need, ability, and willingness risk spectrum, yes, the nice pension gives me the ability to take more portfolio risk, but I don't have the need to take more risk (portfolio is large enough to underpin pleasure spending, possible nursing home costs, and will likely leave something noteworthy for the children). And decisively I don't have the willingness: I don't want to experience that much portfolio risk in retirement. I do have more stocks that I would have had without the nice pension, but still well short of 100%. Where you place yourself on the ternary risk spectrum is undoubtedly different than where I place myself. And everyone needs to make the portfolio they can stick with.
Statistics: Posted by asset_chaos — Sun Sep 08, 2024 9:55 pm — Replies 35 — Views 2320