OP, how would you feel if you took more risk in pursuit of higher expected returns, only to encounter a market crash? I would say 60/40 or 70/30 allocations might be reasonable if you have a high tolerance, but then you really must be prepared when the risk shows up.
If you need to maximize income from the $500k, another option would be to purchase an annuity. You will give up the ability to pass on a large estate to your heirs, but you will be able to spend more than you could safely from an investment portfolio.
If you need to maximize income from the $500k, another option would be to purchase an annuity. You will give up the ability to pass on a large estate to your heirs, but you will be able to spend more than you could safely from an investment portfolio.
Statistics: Posted by aristotelian — Tue May 21, 2024 8:13 pm