Reply to Is this allocation ok for someone retiring in a few months?

Forum Index » Money and Finances

Reply to "Is this allocation ok for someone retiring in a few months?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][img]https://i.imgur.com/uuBbJcS.png[/img]

Points to consider:

--Within this allocation, the cash equals $356K in a 529 money market and the rest (about $1.5M) is in a regular money market account.
--DH will be taking required distributions from a deferred comp account starting next year of around $500K a year for 10 years
--Spending is around $350 a year including tax liabilities
--Home is worth $1.3M with a $450 principal due in a low interest mortgage

Based on the current environment, is this too much/not enough cash? I think we are plenty exposed to equities right now. Any other place where we can stash our money? Our spending including tax liability is around $350 a year give or take. Also our home is worth around $1.3M and we have a low interest mortgage with a $450K principal.

The reason we have so much cash is due to a recent stock option exercise. We had planned to purchase a second home with that, but now we are rethinking due to the uncertainty in the market.
[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics