I'm 44 years old, single and eligible for full retirement in 12 years. I'm a state employee so I am covered by a defined benefit pension plan that will replace about 60% of my salary plus the state will partially subsidize my health insurance post retirement.I'm currently saving about 30% of my gross income for retirement and have no debt except for my mortgage which I'm trying to pay off within the next five years. I'm fairly sure that I will be able to live on 60% of my salary if I have to, since I'm currently living on 70% and paying a mortgage.I realize that retiring at 56 means that I could live a long, long time in retirement and I would like to make sure that I have enough to provide for my needs. I am not concerned about leaving an inheritance for anyone and ideally would check out while waiving my last dollar bill in the air. Since I can't determine when that will be, I need to make sure that I have enough saved. My family history has most of my relatives living into their upper 80's.I would like some opinions on whether I'm sufficiently diversified. Last weeks discussion on this board about treating pensions as bonds triggered this question. I max out my contribution to my 457 plan and I've had the money in mostly large cap growth and value funds with about 10% each in small cap, mid cap and bond funds. I max out my Roth IRA and it is in individual blue chip stocks.I have about 30 funds I can choose from in my 457 plan. The only Vanguard funds available are life strategy funds, but there are some Fidelity, American Century, Dreyfus and Invesco funds from which I can choose. So, what do you all think? Am I too overloaded in large cap stocks? Am I too aggressive, or not aggressive enough in light of the fact that I will also be covered by a pension plan. If you think I am too top heavy in large cap, what would you suggest given the above facts? I would really appreciate any comments or suggestions for me to think about. Thanks.Marcusfan
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