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Market Outlook & Life Insurance for a Single Gal

March 25th, 2017 at 03:33 pm

We had a nice market rally while it lasted. I have read that Jack Bogle expects about a 4% return from the markets over the next decade or so. That's definitely not the the returns we've been fortunate to see since the market recovery, but it's still good to contribute when markets are sluggish. I certainly have no plans to alter course.

I did go into my TSP and do some re-allocation. I was in one of their Lifecycle funds which was 90% stocks when I first bought into it, but has now crept down to 84% stocks. I'm a more aggressive investor so I backed out of the Lifecycle and did my own allocation of 90% stocks and 10% fixed and goverment securities. I will stay there for the foreseeable future. At lease until age 50.

I got a survey at my job about federal employee benefits so I filled it out & returned it. I then got a call for a free consultation on federal employee benefits. Of course, he tried to sell me a whole life policy at the end. He told me that I am carrying way more life insurance than I need right now, but since the rates are so low at my age I do max out my life insurance coverage.

Not that the money can replace a family member, but it would be nice if something did happen to me to leave my parents a really nice amount of money. As the rates for coverage creep up I will look into a smaller amount in term life insurance. Even with that I really only need to leave my family enough to bury me & pay my home off. I don't have a spouse or children, but I can see that it would benefit my family to have my home paid off until they can get it sold.

3 Responses to “Market Outlook & Life Insurance for a Single Gal”

  1. creditcardfree Says:

    Good allocation! Which specific TSP funds did you pick? My husband has all of his TSP in S Fund. We have other retirement investments in other funds at Vanguard.

  2. terri77 Says:

    I may be overweight in large vs. small stocks, but currently I am at:

    45%C
    15%S
    30%I
    5%F
    5%G

    At Vanguard, where I hold my Roth IRA, I am in the Target Retirement 2050 fund. It is currently allocated as:

    54% Total Stock (US)
    36% Total International Stock
    7% Total Bond (US)
    3% Total International Bond



  3. rob62521 Says:

    I think you are smart to think ahead on the insurance. I know Suze Orman hates whole life insurance, but we have had a policy for a small amount ($25,000) each to help bury us and pay off any funeral expenses. We pay $54 a month for both of us. DH is 70 so we figure that is a good deal for the two of us. We don't plan to borrow from the policy. We don't have kids, so we didn't think we needed very much.

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