Financial advisor recommendation

[palciparum]

59% Vanguard Total Stock Market Index

30% Vanguard Total International Stock Market Index

11% Vanguard Total Bond Market Index 

Is above too aggressive?

I am 40 and I have been recommended 60/20/20 - to put more in Bonds 20% instead of 10%.

Any advice?

Thanks.

[PhysicianOnFIRE]

palciparum wrote:

Is above too aggressive?

Click to expand...

It all comes down to personal preference based on risk tolerance. I'm 41 and keep 10% in bonds. I link to five risk tolerance quizzes here.

At retirement, I plan to hold 5 years worth of expenses in bonds  ($400,000) which will likely be in the range of 12.5% to 15% of our retirement nest egg, but will in all likelihood drift lower as a percentage as our nest egg continues to grow most years.

Cheers!

-PoF

[StarTrekDoc]

Solid advice from an adviser.   That beats 80% of the general market right there.

Yes, could have garnered that from Bogleheads and here if one knew where to look --- which is half the battle.

So Kudos for finding a good adviser that recommends sound advise.  Better that you found us for future contributions

 

[adventure]

Do they have a good plan? Yeah, seems like it. Should someone be able to get that advise for less (or 0?) ? Yes.

Did I? Oh no, I made much bigger mistakes getting here. Landing with a solid plan from day 1 is worth something. I'd happily trade the time, money and opportunity costs for a few k to be better prepared. But... some of use learn the hard way.

[The White Coat Investor]

PhysicianOnFIRE wrote:

palciparum wrote:

Is above too aggressive?

Click to expand…

It all comes down to personal preference based on risk tolerance. I’m 41 and keep 10% in bonds. I link to five risk tolerance quizzes here.

At retirement, I plan to hold 5 years worth of expenses in bonds  ($400,000) which will likely be in the range of 12.5% to 15% of our retirement nest egg, but will in all likelihood drift lower as a percentage as our nest egg continues to grow most years.

Cheers!

-PoF

Click to expand...

That's a nice collection of quizzes. I think I'd trade it all for one bear market though. Nothing that will teach you about your risk tolerance better than your behavior in a bear market. That's why I recommend you err a little on the conservative side until your first one.