Retiree Allocations

[James5v]

I retired early at 55, now 58, and have had my TSP in the G Fund since I retired. I was very happy to miss the market downturn.

I was wondering what other retirees' allocations were at this time and if they are considering changing their allocations in the near future. It has been a nice run up but I continue to fear the new economic data so I remain in the G Fund.

As I listened to Greenspan on Sunday talk show he was mostly positive on the economy but with a lot of "caveats" on what could happen to turn things nasty. I also hear reports that the very wealthy are very afraid of this market and I would imagine they know much more than me.

 

[Show-me]

It is a crap shoot and we are alway on the outside looking in. Congrates on retirement and welcome to the mb.

 

[nnuut]

James5v I'll be joining you Jan 2nd will have 37 years.
Welcome to the Message Board and best of luck.
Norman

 

[James5v]

I appreciate the responses.

I was offered an early retirement and have never regretted taking advantage of it. Afterward, I changed to a very conservative portfolio and while I did take a beating on about 30% that remained in stocks, it could have been much worse.

BTW, I have never understood someone who has problems adjusting to retirement. It has been great for me. I play in two bands, work two days a week for Samaritan Counseling (a pastoral counseling agency that sees people on a sliding scale) and play golf on Friday. Sometimes, I have to pinch myself to believe I live such a great life.

 

[Show-me]

Now I'm jealous!

 

[nnuut]

I appreciate the responses.

I was offered an early retirement and have never regretted taking advantage of it. Afterward, I changed to a very conservative portfolio and while I did take a beating on about 30% that remained in stocks, it could have been much worse.

BTW, I have never understood someone who has problems adjusting to retirement. It has been great for me. I play in two bands, work two days a week for Samaritan Counseling (a pastoral counseling agency that sees people on a sliding scale) and play golf on Friday. Sometimes, I have to pinch myself to believe I live such a great life.

I can't wait, as you can see I'm counting down the days!! I'm sure I'll have plenty to do, may even finally learn to play my guitars.:laugh:

 

[XL-entLady]

Hi James5v and welcome!

I retired on a disability retirement almost two years ago, began using my TSP quickly because of medical bills and so was glad to come back to work part-time when my agency asked if I'd go back to work on intermittent status so they could phone and pick my brain.

I'm using the trendlines of a 5-day EMA and 15-day EMA, along with various other things, to help me decide where I should be. I've been about half in stocks during this run-up and just yesterday went all in, but I'm going to be keeping an eye on things very closely because (as you know( for a retiree capital preservation is job one!

Lady

 

[James5v]

Good luck to those still in the market. So far it sounds like XL-entLady is doing very well.

Being of a cautious nature I am going to remain in the G fund. I will see what happens in the Fall. If our economy is mostly consumer pushed and we have a huge job loss (9.5% getting worse before better) so I can't see things getting that much better. Also, the recent profits have to do with cutting costs rather than a growing economy. Even if I miss some nice profits, I still sleep fine.

BTW, I am off to Destin, Florida tomorrow for a few days for golf. It pays to be frugal but you have to spurge now and then.