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On bonds, I'm not sure actually. I am generally short term bearish on the asset class, but I'm not a pro, and I tend to be bearish on most asset classes. Bill

On bonds, I'm not sure actually. I am generally short term bearish on the asset class, but I'm not a pro, and I tend to be bearish on most asset classes. Bill Gross wrote about it recently. (http://www.pimco.com/EN/Insights/Pages/Bond-Wars.aspx http://www.pimco.com/EN/Insights/Pages/Bond-Wars.aspx) Over most time horizons, when the yield curve isn't inverted, the longer bonds due perform better, but not necessarily enough to justify the volatility. In terms of equities - I agree, you should hold them. In general equity investments should be "Buy and hold for a long long time". That said, if you look at the past 20 years, there were many 5-10 year periods where you would be down or flat. If you are assuming a fixed retirement date, there are a lot of bad years to retire. http://finance.yahoo.com/echarts?s=SPY+Interactive#symbol=spy;range=my;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined; http://finance.yahoo.com/echarts?s=SPY+Interactive#symbol=sp... I believe that it's much safer to assume we may have to keep working while we keep saving and waiting for asset values to return.

onebaddude 13y ago
>"but I'm not a pro" Me neither. I'm trying to put my money where my mouth is and learn as much as possible. Otherwise, I'll be a broke "retiree" like everyone else! >"Bill Gross wrote about it recently" Gross is an interesting dude, and you can't take away from his success. But his fund could be in trouble if we see a "too fast" rise in rates. He likes to talk his book. >"we may have to keep working" This, on many levels. To keep this in the spirit of HN, I think there are going to be some interesting opportunities in the financial education/boomer retirement help space.