Financial Samurai’s Allocation of Stocks and Bonds

Financial samurai’s blog proposes several models for stocks/bonds allocations (see Table 11.9).

The New Life asset allocation recommendation suggests subtracting your age from 120 to determine the percentage of your portfolio that should be allocated to stocks. This approach is based on the premise that advancements in science and better awareness of healthy living are increasing life expectancy. Given that stocks have historically outperformed bonds over the long term, a greater allocation towards stocks is recommended to support longer lifespans. However, risk tolerance typically decreases with age, necessitating a more conservative approach as one nears retirement. Ideally, retirement portfolios should aim for conservative returns, low volatility, and steady passive income. Candidates for the New Life Asset Allocation:

The Survival Asset Allocation is designed for risk-averse investors. A 50/50 allocation between stocks and bonds increases the likelihood of portfolio stability during market downturns, as bonds typically rise in value when stocks fall. Historical data supports this, with bonds showing resilience during crises such as the 2008 Global Financial Crisis and the 2020 recession. Candidates for Survival Asset Allocation:

Nothing-To-Lose Asset Allocation is designed for those willing to invest entirely in stocks. This strategy may be suitable if you have a sufficiently long time horizon. Candidates for the Nothing-To-Lose Asset Allocation:

This model leverages the historical performance of stocks to potentially maximize returns over a long-term investment horizon.

The Financial Samurai Allocation is a hybrid approach, combining elements of the Nothing-To-Lose model and the New Life model. It assumes that stocks will outperform bonds over the long run but acknowledges ongoing market volatility. This model anticipates lower returns for both stocks (7–8%) and bonds (2–4%) compared to historical averages. Candidates for the Financial Samurai Asset Allocation:

Table 11.9: Financial Samurai’s Stock/Bond allocations
Age New Life Survival Nothing to lose Financial Samurai’s
Stocks Bonds Stocks Bonds Stocks Bonds Stocks Bonds
0-25 100% 0% 100% 0% 100% 0 100% 0%
30 90% 10% 30% 70% 100% 0 100% 0%
35 85% 15% 50% 50% 100% 0 100% 0%
40 80% 20% 50% 50% 100% 0 90% 10%
45 75% 25% 50% 50% 100% 0 90% 10%
50 70% 30% 50% 50% 90% 10% 80% 20%
55 65% 35% 50% 50% 90% 10% 80% 20%
60 60% 40% 50% 50% 80% 20% 80% 20%
65 55% 45% 50% 50% 80% 20% 70% 30%
70 50% 50% 50% 50% 70% 30 60% 40%
75+ 45% 55% 40% 60% 70% 30 60% 40%