I’m only 63 and retired. I self manage my investments used to have almost 100% in stocks but when cd rates went up I have put 90% in income producing cd ladder, money market and treasuries. Yes I know that goes against conventional boglehead thinking but I am not interested in investment risk at this point in my life. I prefer instead to play golf and not worry with investment anxiety.
I do keep about 20% of my portfolio in money market so in the event the stock market were to drop a hug amount then I might do some bargain hunting.
My returns along with SS, rental income,and pension more than pays the bills. Yes I could perhaps leave my kids more money with a more aggressive portfolio but they are all doing fine. If i ever get to the point that I can’t spend what I am making then maybe I invest more aggressively or gift money to the kids to invest aggressively.
I do keep about 20% of my portfolio in money market so in the event the stock market were to drop a hug amount then I might do some bargain hunting.
My returns along with SS, rental income,and pension more than pays the bills. Yes I could perhaps leave my kids more money with a more aggressive portfolio but they are all doing fine. If i ever get to the point that I can’t spend what I am making then maybe I invest more aggressively or gift money to the kids to invest aggressively.
Statistics: Posted by drhoda — Mon Jan 20, 2025 7:48 pm — Replies 8 — Views 655