Reported 2 months ago
A couple in their 70s with $3.5 million primarily in stocks is considering switching to a 60/40 portfolio allocation. Financial advisor Brandon Renfro suggests that their current substantial cash flow from Social Security and pensions may allow them to maintain a more aggressive investment strategy, given their ability to save nearly $4,000 a month without regular withdrawals. They have sufficient cash and investment balances to support their retirement goals, but moving to a 60/40 mix could provide added security if that aligns with their financial objectives.
Source: YAHOO