Skip to main content
No. of Recommendations: 0
My asset allocation is way more cash/bond heavy than most 61 year olds. Planning to retire at 61, I actually pulled the trigger a year early, and had prepared for "sequence of returns risk" by increasing cash/bonds to reduce volatility between 60/61 ER and the start of Social Security at age 67 (or later).

That "bond tent" idea came from this board in fact. It's a trade-off between increased average/expected returns and reduced volatility for my own sample size of one.

If I were planning to work until 67, I might be more willing to go stock-heavy. However, I'm glad I was positioned to be able to retire at 60 and take a severance package because the next round of layoffs may not offer as much severance (or any). Planning to work for X years isn't the same as being able to work for that time at the expected salary (due to layoffs) or at all (due to health or disability).
Print the post  

Announcements

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.