Help with Asset Allocation

Cintrapark

Hi guys - I'm 41 years old and would really like to get your opinion on how best to approach allocation in my personal investments. Please see the below URL which leads to the summary of my current financial status.


Cash Savings/Emergency Fund:£8,596
Monthly Contribution £286

Personal Investments (ETF: VWRD) £48,711
Monthly Contribution £1,289
100% Stocks

Tax Free Work Investment Fund (locked for next 2 years) £24,406. Agency managed
Monthly Contribution £2,600
87.09% Stocks

Total Pension £87,393. Agency managed
Monthly Contribution £1,051
23.63% Stocks

Outstanding Mortgage -£128,941

Apartment Market Value £916,913

My thinking is that since my pension is so low risk, I can afford to take greater risks with my personal investments - hence the 100% allocation strategy. Right now I invest solely in VWRD (Vang FTSE All USD). I live in Israel so like to have a world fund which in my opinion is more stable.

Ideally, I would like to be able to retire within in the next 10 years so I'd like to be able to increase the amount I pay into my personal investments.

IanSt

I've no idea of the price of living in Israel but have you calculated how much money you will need to live on when you come to retirement and hence how much you'll need to have in investments/savings to pay for that retirement during the next x many years?

Once you have those magic figures you can decide whether your current funds and investment payments are suitable. To me it would look like the equity percentage in your pension is on the very low side, but only you can decide on what type of portfolio is suitable for your needs.

jimjames

I'd be interested to know why the pension is such low stocks amount? 70% other(bonds?) seems extremely high for someone age 41