First and foremost, I do not claim to be an expert investor or close to it. I am not qualified to give investment advice and I don’t do that, but I am happy with my retirement investments. To be sure, I may have done better… or worse,
I retired in 2010, so my 401k has had no new contributions since December 2009. Given I will soon be age 77, I have taken several required minimum distributions (RMDs).
But even with all those distributions my account balance today, June 26, 2020, is nearly 50% greater than it was the day I retired, the benefit of a long bull market. Now things have changed, but even so, after June 26, 2020 my account is still up for the year by a modest 0.22%.
As I said I’m no Peter Lynch, but I am aware of the need to be diversified, to gradually become less risky in investments as you near and enjoy retirement and to stay the course and not lock in your loses trying to flee a market crash. In both 2008 and 2020, I modestly added to equities in the market down turns, but that’s all I did. If I had been younger and working I would have directed all my new contributions into stock index funds.
Here’s how I’m invested today:
Is this the optimum? Is it right? I hope so, but the point is I have a strategy that I can live with.