I just finished an article for my financial blog asking whether investors allocate. It is usually during these volatile periods that a set-it-and-forget plan with no sense of asset classes will whack an individual.
Example? I am about to turn 62 and hope to retire when I turn 65. I already have an annuity and currently drop $20,000 per year in retirement accounts and do have a decent employer contribution. We own our home 100% and now, have no dependents. I am aggressive, but not so much that I want to get crazy. Here is my allocation.
https://preview.redd.it/umk1wi0u89pe1.png?width=1582&format=png&auto=webp&s=063e4b8bdb1e4b41a93e8965cc25d5b2730a66d9
What do you think? Just remember, I am already collecting a pension, so that functions as fixed income.