
Ready to Travel‘s Schwab Portfolio Strategy
A 70-year-old retiree with substantial savings, including $1.9 million in an IRA and $480,000 in a Roth IRA, seeks advice on his portfolio allocation. He currently maintains an 80/20 equity-to-bond ratio and wonders if this is appropriate for his age and financial situation. He's concerned about market volatility but has a significant pension income.