Like the box approach but of course it is not fail safe. I.e. US markets were recently at the level they were 13 years ago. Given the extreme nature of debt ridden developed economies, using past rate of return on asset classes as a guide has some uncertainties.Like the idea of continuing to add to guaranteed income base as possible until that covers basic lifestyle expenses…then you have less pressure on timing of returns on the remainder.I use a model with “3 Baskets” : Guaranteed, Balanced Portfolio, Alternative.Cheers,Michael |