Originally Posted by
Hank Kingsley
Vanguard's 2020 target plan, retire now is about 50/50 equities and bonds. 2025, 60/40. So being near retirement with 40% equities is not haphazard.
That being said, senior guys are down 300 to 500k in a week
Longer discussion than I have time for, but being at retirement with 50% or even 40% in equities is beyond idiotic.