No. of Recommendations: 1
When I started investing, I thought I'd be actively investing until I died. Lately, it seems too much like work and when I retire, I definitely don't want to be working.

Instead of hiring a manager, I'm planning on switching to mutual funds and ETFs. The only work will be determining asset allocation and annual re-balancing. For asset allocation, I found this book:

http://www.amazon.com/Investment-Answer-Protect-Financial-eb...

It confirmed a lot of what I already knew and offered several asset allocation scenarios. My plan is to start converting my portfolio over the next several years, once I decide which funds to invest in. After retirement, it will be on cruise control with maybe a small pot for individual investments. No manager involved in this (except the fund managers).
Print the post  

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement