Ask Terry Questions Allocation


By Terry Savage on April 09, 2023 | Financial Planning / Retirement

I am 73 and my portfolio is as follows: Equities: 78.97%, Fixed Income 17.6%, Cash 7.147%
I am worried that I might be a bit on the heavy side with the equities. Your thoughts.

Terry Says

How much money are you willing to lose? If you have a LOT of money, and plan to leave this to your children and grandchildren, then the allocation is probably okay. But if you are just trying to make your money last as long as you do, it seems you might be taking excessive risk.

But it’s not just a formula — you want specific and trusted advice on this.

Have you done an overall financial plan, considered future living expenses and withdrawal needs. If not, I recommend a FEE-ONLY, Fiduciary (not selling you anything!) financial planner review. Find a trusted planner at



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