Growth vs. Div in Retirement?Hi Travis, I’m considering retirement and would appreciate your opinion on how best to adjust my portfolio, which is currently invested 100% in hyper growth stocks. Should I re-balance by switching a specific % to dividend stocks, or do I stick with my convictions in hyper-growth and liquidate as required? – I’m fairly young.
Much appreciated.
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Hi Herby… sorry, that’s the kind of question the SEC says we absolutely can’t answer. I’d suggest consulting a fee-only financial planner who can model out the risks and reward potential for you in a few different scenarios, and give you a better view of what retirement could look like based on your portfolio and your personal situation. Maybe other readers who are in your situation will chime in with their thinking if they can offer some perspective.
Personally, I’m 51 and feel like I am gradually becoming a little less aggressive with my money — whether that’s because of the current valuations in the market or because of my age and the possibility that I’ll retire someday, I’m not sure. I do generally note that I don’t think any money that I’ll need in the next five years should be in stocks, but, again those assessments vary widely among individuals.