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Subject:  Re: Asset Allocation Date:  4/6/2006  8:06 PM
Author:  cliff666 Number:  50950 of 78168

Have you seen Sue Stevens' article in Morningstar - "Model Portfolios for Retirees"?

Also, just how much money do YOU think a person needs in order to retire?

There's only one answer to that question..."It depends"!

I was going to say what Bill did, "It depends". How long do you need for the money to last? (Or how old are you?) How much are your expenses? And how large is your nest egg? These can force siome decisions (or not).

The morningstar article overlooks all of that. Focuses on things like "conservative", "aggressive". Seems only a partial answer.

I start by suggesting very liquid assets for five years worth of expenses. Then at least another five years worth in conservative CD's or Bond-type investments, depending on your situation and taste. The rest should be in a growth portfolio. Only you can define what you mean by "growth" (But it should not be defined as High-flier risky stocks line the NAS.) It