GeoffF100 wrote:What other assets do you have? Are you going to be reliant on this fund during retirement? How much risk can you afford to take? 100% equity is very high for a 50 year old. The old adage of "your age in bonds" would suggest an allocation of 50% bonds and 50% equities.
I'm not exactly disagreeing with Geoff over this. However opinions do differ and it's not so much your age as how long you are likely to need the money to grow that dictates the percentage held in equities. The difference is of course that lifespans have increased since the rule of thumb Geoff quotes was produced.
For eample this calculator argues
Percentage of your portfolio that is in equities, versus fixed income? Research seems to suggest about 50% for a 10 year term, almost 70% for a 20 year term, and around 85% for a 60 year term.
https://www.firecalc.com/
This book
https://www.amazon.co.uk/Beyond-4-Rule- ... 168&sr=8-1
While pointing out that risk is a personal thing and that if you want a risk free pension you should just buy an annuety, Quotes Bill Bengen that you should have close to 75% equities and in no case less than 50%. The statistics show that over a 30 year horizon holding 100% equities achieves the highest safe withdrawl rate. Though with the most volatile returns. Hence it comes back to personal risk tollerance.
I'm mid 50's and almost 100% in equities. The HYP board here is predicated upon the 100% equity idea, though you don't need to adopt that method to hold a high proportion of equities.