Why is it too risky? Say he lives the average life expectancy. But the average life expectancy for someone that has made it to 73 is above average anyhow. A rising equity allocation can actually be the most sensible with your lowest equity just before retirement. A 20 year outlook is probably prudent. 40/60 to 60/40 are probably all ok.If that is 60% stocks / 40% bonds, then that is way too risky if one considers the average U.S. life expectancy is 76.1 years. I know everybody thinks they are above average. I would follow the allocation for a life cycle fund for your age. For example, the L fund in a TSP is 73% bonds (G & F funds) and 27% equities (S, I, C funds).
Statistics: Posted by BitTooAggressive — Tue Sep 10, 2024 2:03 am — Replies 13 — Views 1282