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A comment on America’s Professional Elite: Wealthy, Successful and Miserable. Parent comment

Re:America’s Professional Elite: Wealthy, Successful and Mis... by zaccus on Thursday February 21, 2019 @04:43PM (#19220825)
85% in equities during retirement is a bad idea.
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Re:America’s Professional Elite: Wealthy, Successful and Mis... by CompelTechnic on Thursday February 21, 2019 @05:54PM (#19221379)
The longer the duration, the more it is a good idea to be heavy in equities. This can be teased out of the data on firecalc.
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Re:America’s Professional Elite: Wealthy, Successful and Mis... by zaccus on Friday February 22, 2019 @10:59AM (#19226367)
If you're buying equities and leaving them alone for decades, sure. But if you're retired and depending on your investments for an income, being 85% in equities is insane. One prolonged bear market could wipe you out.
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