Out of the $1 million, this is my understanding of the current general breakdown: - 40% CD/money market - 30% Vanguard index funds allocated by financial advisor (unsure of details but I would assume funds like Vanguard 500, international, etc., possibly no bonds) - 20-25% company retirement, 401k, etc. - 5-10% various stocks (water, a medical device company, etc. )
If they are both looking to be retired in 8 months, does this appear to currently be too aggressive? At ages 65&67 8 months from retirement, how should the funds be allocated?
Thank you.
Submitted September 01, 2020 at 08:42PM by smilesxo https://ift.tt/2QNs0b8
