What's your retirement asset allocation percentages?

[Value Collector]

How is the P2P investment scene going these days, does anyone have any recent data
?

Yeah, good. the only one I follow is Plenti, but yeah interest and principle payments continue to hit my account on schedule, I can put money away at about 6.5% for 5 years, or 4% monthly.

 

[Prepper Pete]

Yeah, good. the only one I follow is Plenti, but yeah interest and principle payments continue to hit my account on schedule, I can put money away at about 6.5% for 5 years, or 4% monthly.

Great to hear of your principle and interest hitting your account, but I cannot see clearly now why interest matters since its clearly not keeping up with inflation. Maybe I just need to put my GLASSES on to read this correctly.

YouTube

 

[sptrawler]

Yeah, good. the only one I follow is Plenti, but yeah interest and principle payments continue to hit my account on schedule, I can put money away at about 6.5% for 5 years, or 4% monthly.

That's good, they have been going for a while now, so should be getting a good track record.
You have been with them for some time, so you must be happy with them.

 

[Value Collector]

Great to hear of your principle and interest hitting your account, but I cannot see clearly now why interest matters since its clearly not keeping up with inflation. Maybe I just need to put my GLASSES on to read this correctly.

YouTube

The money I put in Plenti is only the money I am holding to use in the short term, eg next years wages, a tax bill in 6 months etc etc.

obviously having it earn 4% or 6% between now and next year when I need to spend it is better than having it earn 0%. In regular account, because that goes at least some way to offsetting it or don’t you agree.

 

[Value Collector]

That's good, they have been going for a while now, so should be getting a good track record.
You have been with them for some time, so you must be happy with them.

Yep, I have been investing with them for about 9 years now, So far so good .

As I have mentioned before, it’s just a place I use to store money I need in the short to medium term, for things like my weekly wage I pay myself, Tax Bills that are due in 12 months of so, My car replacement fund is in there, float generated by my options account, etc etc.

These sorts of short term cash savings aren’t really suited to the stock market etc, and are generally fixed amounts, eg the $100k that I owe the Tax office will still be a $100k debt when it comes due in 6 months, so isn’t affected by inflation, so any interest earned is a bonus, and gets diverted from that savings system I have into my super At regular intervals.

 

[sptrawler]

Yep, I have been investing with them for about 9 years now, So far so good .

As I have mentioned before, it’s just a place I use to store money I need in the short to medium term, for things like my weekly wage I pay myself, Tax Bills that are due in 12 months of so, My car replacement fund is in there, float generated by my options account, etc etc.

These sorts of short term cash savings aren’t really suited to the stock market etc, and are generally fixed amounts, eg the $100k that I owe the Tax office will still be a $100k debt when it comes due in 6 months, so isn’t affected by inflation, so any interest earned is a bonus, and gets diverted from that savings system I have into my super At regular intervals.

It really is great to hear a success story.

 

[wayneL]

Just going back to OP this is something I am starting to think about more and more.

In my mind there are several aspects to this depending ones physical and mental capabilities at and beyond retirement age.

What sort of residence does one want to maintain? How much land? How close to a capital city does one want to live? White hobbies does one want maintain? Doing up Shelby Cobras, growing the biggest prize winning marrow? Playing bowls with a walking stick and drinking far too much beer afterwards?

At this stage I don't actually want to retire even though I have the financial capabilities (though wouldn't be living the lifestyles of the Rich and famous). I enjoy my work and I enjoy the people so as long as I am physically capable I will probably keep doing it.

This adds income on top of my investments and probably prevents my wife shivving me in the liver.

Asset allocation for me means optionable instruments. A simple options selling strategy can crank returns from 2 to 10% per annum. But beware the tax Monster. You are creating taxable events.

With a bit of knowledge it is possible to do better... Possible does not mean necessarily probable.

That does take monitoring of the market which I'm happy to do until I'm not.

At that stage I'll be looking for a different approach

FWIW

 

[Chipp]

Just going back to OP this is something I am starting to think about more and more.

In my mind there are several aspects to this depending ones physical and mental capabilities at and beyond retirement age.

What sort of residence does one want to maintain? How much land? How close to a capital city does one want to live? White hobbies does one want maintain? Doing up Shelby Cobras, growing the biggest prize winning marrow? Playing bowls with a walking stick and drinking far too much beer afterwards?

At this stage I don't actually want to retire even though I have the financial capabilities (though wouldn't be living the lifestyles of the Rich and famous). I enjoy my work and I enjoy the people so as long as I am physically capable I will probably keep doing it.

This adds income on top of my investments and probably prevents my wife shivving me in the liver.

Asset allocation for me means optionable instruments. A simple options selling strategy can crank returns from 2 to 10% per annum. But beware the tax Monster. You are creating taxable events.

With a bit of knowledge it is possible to do better... Possible does not mean necessarily probable.

That does take monitoring of the market which I'm happy to do until I'm not.

At that stage I'll be looking for a different approach

FWIW

I am into cars and are going to have a go at giving that up , 3 have to go , bit torn on that but keeping my Mustang although the '76 SS torana is going . Also love making timber things and will have to give that up when i go to apartment lifestyle but i will put all my tools in storage for a while , just in case .

Edit .. re the options , i amost think its a sin to have a buy and hold portfolio and not bump up passive income with covered calls at least on top20 stocks

 

[wayneL]

I am into cars and are going to have a go at giving that up , 3 have to go , bit torn on that but keeping my Mustang although the '76 SS torana is going . Also love making timber things and will have to give that up when i go to apartment lifestyle but i will put all my tools in storage for a while , just in case .

My only advice is never give away anything that you live for.

Of course the most important things are the loved ones in our lives, never forsake them.

... But my thinking is that I never want to create a situation where I am just waiting to die from boredom. FWIW.

 

[wayneL]

Edit .. re the options , i amost think its a sin to have a buy and hold portfolio and not bump up passive income with covered calls at least on top20 stocks

It is.

But it is a bit more complex than what the education companies present.

It doesn't mean it's not a good thing to do but it's a little bit like my job...

On the face of it I nail on a semi circular piece of steel with holes punched in it to the bottom of a horses hoof. In reality I have to consider several things not the least of which is metallurgy, anatomy, physiology, morphology, biomechanics/physics, even feckin endocrinology FFS.

Options, especially covered calls may seem simple, but have complexities such as mentioned above.

Fwiw

 

[houtman]

although the '76 SS torana is going .

Nice car, that and the Cobra XC were the 2 dream cars of my youth.

Also love making timber things and will have to give that up when i go to apartment lifestyle but i will put all my tools in storage for a while , just in case .

We're doing the apartment lifestyle for a few years, house was too big and needed too much care when we were away.
Plan to do some travel and also have aging parents elsewhere, so apartment will suit for a few years.

However I would go loopy if I didn't also have a shed to play in, make a table, beer with mate, fishing rods, try new hobbies, swear at the footy team etc.

probably prevents my wife shivving me in the liver.

Shed helps avoid this outcome too.

But back to the thread title -What's your retirement asset allocation percentages?

Semi retired atm, hopefully all done in 12 months or so.

Rough plan with smsf is to end up with

- 40% ASX divie payers (almost completed)
- 20% international, probably 3/4 US and 1/4 India (Don't hold any as yet, looking at MFF for a start)
- 20% Gold, Silver, PGM. (The gold and silver are through dodgy ASX shares, PGM will have to be a physical ETF)
- 20% cash

Latest CPI makes me nervous though.

 

[Bellcose]

For those who like messing around with numbers, this could be a fun for you.

FI Calc

ficalc.app

 

[tech/a]

30% in Venture capital in 2 businesses.
35% in Properties
25% in Cash (Interest bearing deposits).
15% Longterm ASX shares.

 

[JohnDe]

30% in Venture capital in 2 businesses.
35% in Properties
25% in Cash (Interest bearing deposits).
15% Longterm ASX shares.

105%

 

[tech/a]

Rough numbers on the fly.

 

[divs4ever]

Rough numbers on the fly.

i was thinking leverage or franking credits ... LOL

 

[JohnDe]

Rough numbers on the fly.

I was thinking that you work at treasury

 

[divs4ever]

I was thinking that you work at treasury

nah , they do rough guesses

 

[BossMan.]

80% equities
10% fixed income
10% cash

 

[wayneL]

I'm seriously thinking about going 100% in precious metals with some options strategies around that to generate income (in reality I wouldn't do that, but the thought process is there).

I'm about 25% in though.

Wouldn't touch Bonds with a barge pole at the moment, but still sitting, uncomfortably, on a ton of cash wherever I can find the best yield.

Otherwise taking options trading opportunities about a modest core holding as they arise, plus a few trend trades.

Still working and evaluate as I get closer to retirement... Which I am seriously thinking about in the near future.

I'm still of the opinion that the s*** is going to hit the fan at some stage, soon, so a little bit like a mule at a new gate at the moment. I expect a radical readjustment at some point.