But you're recommending that they not take that 20%, right? I thought your recommendation was that they only take 10 and put the other 10% under discussion in stock? (Or the mostly-stock funds that the other 80% is in.)Thank you for your replies.
1. My argument for leaving a high % of their NW in risky asset ( stock fund) was since 20 % of the NW it will most likely cover their expenses and further supplemented by dividends from their brockrege account with a low 2-2.5% WR for next 15 years, won’t that save them from SORR while the remaining fund grows?
More confusion. Can you clarify what you're recommending? It sounds to me like they were going with 70/30 and you want them to take more risk. Yes?I’m also talking about 30% of their retirement account which has at least another 25 years to grow without touching them.
Statistics: Posted by BirdFood — Tue May 14, 2024 7:00 pm