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Reply to "Is this allocation ok for someone retiring in a few months?"
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[quote=Anonymous]Allocation is meaningless if you don't know totals. I once reviewed a 80 year old women's portfolio and she was 90/10 allocation and was coded moderate risk and she agreed to that. Well I pulled her account she had $500 million. So $450 million in Stocks and $50 million in Cash and short term treasuries. 50 million liquid at 80 is very conservative yet she was 90 percent stocks. [/quote]
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