I’m nearing retirement and pondering if my portfolio should be the standard 60/40 of stocks and bonds, or if I’m better off going with stocks, structured notes, and fixed annuities? My social security will cover 65% of my expenses and my ira will be about 1.3 million
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A 60/40 mix is a solid starting point, but with Social Security covering 65% of your expenses, you have room to be more flexible.
Structured notes and annuities can play a role, but they come with trade-offs like liquidity and fees. I’d view them as complements, not replacements.
It really comes down to matching your portfolio to your income needs, risk tolerance, and how much flexibility you want.
You’re in a great position — now it’s about customizing the next steps.