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[quote=Anonymous]We are working with a financial advisor, and currently our allocation is 63% in equities. DH's 401K still has not been rolled over and has done quite well with over $3.5M at a 60/40 equities/bonds allocation. Not paying any significant fees for this 401K, but we are going to roll it over anyway considering he will soon be taking RMDs and we are also going to start Roth conversions and having it under the umbrella of our advisor's management we feel will take a lot of complexity out of it. We are getting a nice fee reduction to do this.

Advisor is proposing a 55/45 equities/bonds allocation for the new IRA. This would bring our entire portfolio to a 60/40 stock/bond allocation. He is allocating a lot to inflation protected bonds. I have asked him about the thinking behind this and we are scheduled to meet next week.

One thing to note is DH also has a $4.1M deferred comp account (not under advisor's mgmt) that will pay out approx $500K annually (before taxes) for the next nine years. This account is also invested at approximately 60/40 equities/bonds. On top of that our advisor manages the rest of our portfolio with the exception of a company stock account (which isn't doing great). Total portfolio is worth $15.8M and advisor is currently managing $5.1M. With the new IRA, that would increase to $8.6M

I ran all of this along with our current allocation through AI and they are saying we might be too conservative for our situation. Because DH is getting the deferred comp distribution every year, AI thinks we can afford to be a bit more aggressive with the rest of the portfolio.

Any opinions on this strategy? Should we push back on the 60/40 overall allocation?[/quote]

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