Personal Investments • Preparing for Retirement: Portfolio Review Requested

Thank you for your post @Raspberry-503.

You should check your SS numbers. I don't think your wife gets 1/2 your SS until she is at FRA (67), it will be reduced if she claims at 62

Will do.

would roll all the previous job 401(k) into a rollover IRA

I will look into how this can be performed and eventually distributed in a 3-fund portfolio.

Same with the brokerages, why not consolidate?

Not sure if I understand this completely. Brokerage has two accounts where taxes only need to be paid on gains. So why mix them with a rollover IRA? Details of how to consolidate this would be helpful.

I have briefly looked into bonds/ladders and can understand the stability of these assets. What I am having a hard time grappling with is that if someone has a runway of 2-3 years of cashflows in a downturn market, how will the bond strategy make sense (given the compounding historical numbers of bond funds)? Those cashflows can be invested in many liquidating low-yield funds/ETFs to ride out the downturn if the majority of the investments are in equities (trying to understand the "why" behind this).

Once again, thank you for your guidance and support.

Statistics: Posted by signmeup — Wed Jan 01, 2025 3:00 pm — Replies 2 — Views 396

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