You don't have 15 year. At your saving rate, you are less than 10 years from reaching financially independent. Did you calculate that?OP,
1) What is your Asset Allocation?
As of right now, not sure. It is over 90% equities as of right now though. Looking at simplifying all our accounts to make these easier to account for by getting out of all the target funds and making a 3/4 fund portfolio.
2) What is your current annual expense?
82k/year
3) What is your current annual savings/investment?
Also 82k/year
4) What is your gross annual household income?
230k with additional 0-45k bonus
5) Do you have any kids?
No
"we would be fine with 90-100% equities as we still have some time to go before retirement. "
6) Unless you can predict your future, how do you know this to be true?
Planning at least 15 years until retirement. 90%+ seems reasonable for the projected timeline
7) How do you know you will not be unemployed in the coming recession and have to access your portfolio for living expense?
If needed, would need to draw it down if prolonged employment. Spouse and myself can each cover all expenses with just one of our jobs which makes this less likely.
8) Do you have an emergency fund?
Yes
9) How many months of expense is in it?
4 months
KlangFool
It is too aggressive and pointless to be 90% stock.
KlangFool
Statistics: Posted by KlangFool — Mon Jun 24, 2024 7:27 am — Replies 4 — Views 521