Asset allocation / risk tolerance is tricky because there are many ways of looking at it.
Your capacity to take risk is quite large because you don't need your retirement funds at all. So in theory 100% stocks would be appropriate.
But your risk tolerance is how you feel about the ups and downs with the stock market. Obviously this is quite low because of your current asset allocation.
You can practically do whatever you want. your pension covers all your expenses by a lot. I think you need to define your goals a bit more clearly. if you want to give more than $500k that is very doable, or would you like to give $500k and spend the rest?
Your capacity to take risk is quite large because you don't need your retirement funds at all. So in theory 100% stocks would be appropriate.
But your risk tolerance is how you feel about the ups and downs with the stock market. Obviously this is quite low because of your current asset allocation.
You can practically do whatever you want. your pension covers all your expenses by a lot. I think you need to define your goals a bit more clearly. if you want to give more than $500k that is very doable, or would you like to give $500k and spend the rest?
Statistics: Posted by marlin2023 — Tue Jun 11, 2024 5:22 am — Replies 6 — Views 594