Wealth Wise is Kiplinger's advice column on navigating retirement-related dilemmas. Got a question? See below for how to send it to us.
Dear Wealth Wise: My partner and I are both 75, with an approximate net worth of $1.5 million. I am retired and he is still working. When he retires, we will both have fairly generous pensions and Social Security. Right now, we have a fairly aggressive portfolio with a tenth of it invested in a momentum tech stock. We are around 60% stocks and 40% fixed income (the classic 60/40 portfolio). The fixed income is primarily held in bonds and high-interest CDs. Is our strategy too aggressive for our age? We live modestly and have no debt. I have a long-term care policy. He does not. — Comfortably Cautious
