Serious question, if you’d be so kind… I am 5 years away from retirement. I have a pension, and health care that I get to keep until death. I also have an employer sponsored retirement account that I max-out contributions for, currently valued at just over $500k. I have $20k that I keep in a HYSA. I’m debt-free other than a 3.15% mortgage and a 3.78% vehicle note.
…So I do invest a bit here and there via Fidelity, Vanguard and Schwab, but I’m always just kind of exploring / throwing some money at a company I either understand or have a reason to get behind.
My question is, what’s a responsible strategy or allocation plan when you’re just trying to put some money to work outside of the normal bases? Should I approach anything any differently than if I were starting from zero? More risk? More conservative? Stash my cash under the mattress? VOO and chill?