Skip to main content
No. of Recommendations: 0
This question may have been answered before, if it has I would appreciate it if someone would steer me in the direction of the appropriate post, FAQ, etc.

First some background, then the question...

I'm about to retire with a defined benefit pension plan from my job as a firefighter in Ohio. My pension benefit will amount to about 35k per year plus medical benefits. I have around 200k in the Ohio Public Employees Deferred Comp. program. All of my deferred comp money is in 3 agressive growth mutual funds. I plan to keep my money in deferred comp for at least 8 more years. I also have several DRPs (which I contribute to monthly) totalling about 35k. I'm 48 and plan to work for another 10 years or so in another (less stressful) field. I've read and heard quite a bit about the allocation mix for retirees. My question is fairly simple and straight-forward:

Is there a formula / rule of thumb that I can use to determine what % of my assets my pension is? If there is such a formula, what is it?


Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
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.
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.