And if the market drops 50% and takes 20 years to get back to even (ie 0% return)? And if you become injured or sick, such that you can’t work ten years from your expected retirement date?After much analysis for several years, I am sticking with "The simple path to wealth" by JL Collins. If you have earned income and invest a portion of it regularly and are expecting to work for at least ten more years, nothing wrong with 100% stocks for your retirement portfolio. Just keep accumulating and never sell. Once you are about ten years to retirement, slowly start adjusting for 80/20 in ten years (so 2% a year into bonds). What if stocks go down right when you are ready to include bonds? Since it's only 2% it won't matter that much. But be flexible and willing to work a few extra years.
Statistics: Posted by rkhusky — Thu Jan 25, 2024 8:22 am — Replies 11 — Views 685