Reply to Would you go 100% VT after maxing out Roth if you have a pension and start investing at 45?

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Reply to "Would you go 100% VT after maxing out Roth if you have a pension and start investing at 45?"

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[quote=Anonymous][quote=Anonymous]Spouse and I are near 60, fully retired with close to $175K annual pension.  We worked for the govt and will also get a min of  $4K each SS at 65 or 67.  Our $2.5m portfolio is fully invested in the SP500.  We figured that for giving up the lower salaries all those years, but the pension lifetime govt pension shield, the optimal thing do is to leave the funds 100% in the stock market.   The pension and eventually SS is more than enough so let it ride.  As one of the other posters stated, pension is a golden hedge - allows one to take risks that a 25YO should take. 
[/quote]

Haha, well done.  Of course, (1) a $175K total annual pension with SS is very different from (2) a $60K annual pension w/o SS!

Do you need anything at all from your investment portfolio, or is it just for your heirs?

Keep in mind, OP is trying to make sure they have enough investment returns to be set in retirement.  That is not your situation.  But OP is still in a good position with a perfectly solid pension -- better than >90% of the US.[/quote]

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