Thoughts on forward asset allocation for a 63 year old retiring in a year. Won't collect full SS until age 67.5. Current portfolio: 49% growth & 16% dividend equities, 24% real estate, 8% cash, 2% bonds, 2% metal and art. Equities are split about 50/50 between 403B and regular taxable investment accounts. Real estate is a mix of single family and college student condo units.

Time for a consult with a CFP? Does the real estate take the place of some bonds as I move closer and closer to retirement in the current market...or not? Give me your thoughts on where I go from here......and why you would move that direction.

49% growth equities seems high to me for your age unless you don't need access to that money for years

Use buckets. Put expenses for a few years in cash or cash-like holdings. The next bucket is for fix income items like bonds that do not have the ups and downs of Stock. I have seen 3 -10 years of expenses here. Put the rest in stocks.


Bucket Strategy


I am retiring later this year. I am not worried that the stock market is down or even will go down more, because I will not need those funds for at least 10 years. I bet it will be up even higher by then.