General Discussion
In reply to the discussion: I'll go contrarian here: Quit rooting for the market to fail [View all]spooky3
(38,531 posts)Traditionally have recommended a 60/40 equities to bond and cash portfolio for retirees, because bonds and cash generally dont keep up with inflationin fact bonds have lost value in many of the recent years.
Heres just one source but there are many others:
https://www.financialsamurai.com/the-60-40-portfolio/
Over the long run stocks greatly outperform bonds in returns. The problem is that there have been several severe shocks in recent years and if you look only at 2020 to the present, youd see much more volatility than usualbecause of the orange idiot, largely.
I keep seeing this myth and blame-the-victim opinion expressed all over social media. Its simply wrong.
(Business doctorate and professor who has gotten advice from multiple finance PhDs over the years)