Asset Allocation 10 years from retirement
I'm interested in what others think about asset allocation between stocks, bonds and cash (and stocks broken down between Large company, small company and international)
I have heard about the rule of thumb where you subtract your age from 100 and that is the amount you should have in stocks (if you are conservative)
I have additional cash for short term expenses and educational expenses for a child
My current pre retirement money is at about 50% stocks.
I consider myself a conservative investor. Age 53. In addition to retirement money, I expect a pension after I stop working.