Yes, he hurt me several times, but that was before I started reading the fool. Now I know that when I cash in my 403(b) and my TSA I will be doing the investing myself. What I am interested in is, generally speaking, where? I have an IRA with the Wiseman which is fairly heavy in bonds. I will have Soc Sec and another retirement also. Should I be in growth? Should I be heavier in bonds? Should I do the Foolish Four (I believe that is my choice at this time). How far should I go in any of these? I will have about $125K to invest and need some comments from others. Any comments from anyone would be appreciated.Probably lighten up on the bonds.Add up your pension and social security. Divide by 4% and consider this part of your bond allocation for all of your investments.Say pension 20,000 and SS 10,000 for a total of 30,000.Dividing by .04 gives you the equlivant of 750,000 in bonds. The .04 represents a safe withdrawl rate for investments. 4% of 750,000 is a 30,000 income. Put aside an emergency fund and the rest of your money maybe able to be allocated to stock.The point is that I think that a secure pension can replace a good part of your bond allocation in an investment portfoilo.Since retirement can last 20, 30 or more years I think equity investments are very important.
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