May want to start a new thread with an appropriate title to get responses.

Most don't use a stockbroker............but you have a better chance of more answers in a new thread.

:beer3:

Perhaps because they still think long term and don't make the timeline for their portfolio ending when they die. Stocks are not risky in the long term. Stocks will for sure be higher in the future and so will be your portfolio even if its owned by your heirs and you aren't around to see it.

The only reason to go hyper conservative is if you are worried you may run out of money and need to tap into your equities during a down period.

Sooooooooo glad I didn't panic and sit in cash.

:coolsmiley:

According to my financial adviser up north, old age doesn't have anything to do
with investing heavy stocks.
Being to conservative in retirement is worse.

Until I sold off some RE in 2022 and 2023 stocks were never a significant portion of my assets and I paid them little attention. My stocks are doing well enough. I keep rolling over the T-bills, so I am now about 70-30 stocks to cash after initially being maybe 55-45 as a guess . Most of my assets remain in commercial real estate, though. Just bought some STZ a couple days ago that went up 4% overnight. Now that rarely happens for me but it was an enjoyable experience. Salud!

Did it occur to you that your financial adviser up north makes a fat living off old people invested heavily in stocks? What a joke! If one planned poorly or life really went awry, being in the stock market in retirement is a ridiculous risk.

Bought NVDA for $100 in April 2025 (I was at a meeting in late March and I said I had a buy order and someone laughed). Sold July 16 for $171.00. Now investing in AI picks and shovels POET & ACMR. Not many $ but it's fun.

From my daily financial readings, and I don't have data to back it up, the current market gain was more due to retail investment than professional investment.. . . ok, well done retail investors!

yes, I moved some money from investments to cash as the account was weighted too heavily to equities for our ages and risk tolerances. Fidelity advisor agreed, even though we disagreed on the annual outlook. .

For the 60e/40b folks, remember that the bonds gained for 40 years from the highs @1982, to the lows @2022, so the portfolio gain was both equity (e) plus bonds(b) . . that era is now gone for bonds, so the recommendation might be for more equity, but that just raises your portfolio risk, and in retirement, that might not be the best. .

Other equity bond like investments are:
1) Utility stock ETFs
2) Low beta good dividend large cap ETFs
3) Preferred shares with interest/dividend ETFs
4) Reits with good dividends and a good track record. .
avoiding commercial properties, focusing on a particular sector with quality recurring earnings.


The problem with equity risk is that many times the event is unpredictable and different each time, such that people aren't watching for that event in the financial world. Many times, risk also happens very fast, and not everyone can exit timely, especially retail. This time, I would be watching governmental bonds, US exchange rates, and international relations. the rise of nationalism may produce some unexpected results, particularly in unexpected areas, as well as the rise in socialism, which results in much worse conditions. . example South Africa. .

good luck we all need it in retirement

Don't forget you have a partner with that IRA ... his name is Uncle Sam. Once you hit RMD age (73) you will have to withdraw funds from the IRA and pay taxes on it. If you plan on passing it along to kids, they will have to take 10% each year and add it to their taxable income.

All The Villagers dropping their advisors and indexing on their own.

:beer3:

Why not, asset allocation is by far the most important decision. Select your allocation mix and buy low cost index funds through Vanguard and/or Fidelity to achieve your allocation objectives and you’re good to go golfing.

because your retirement portfolio asset allocation shouldn't be 100% equities. .
and VOO is just 100% beta (the market).

The answer to my question now is, and i have been searching, albeit distracted with my parent's 60 year old house sale:

Given the following three different tax scenarios:
* IRA,
* ROTH,
* Non Qualified, taxable account

What's the best portfolio attributes and proportion for each account to minimize future taxes and maximize gains, given all taxable implications?

I know one can create a monte carlo linear optimization model with random shocks, both income and spending random hiccups, just haven't had time to set it up and run the various scenarios. . and I am assuming that most investment mgmt houses won't publish that secret, but you have to pay for it with managed funds. .

good luck to us. .

And how do we know that?

And what amenities do they have there that are free?