This helps, but not that much. (Assuming your risk assessment is correct)
Suppose a shock happened right before I planned to shift into a safer portfolio. What do I do then?
The only really correct answer is: "well, I didn't need that money anyway."
Suppose a shock happened right before I planned to shift into a safer portfolio. What do I do then?
The only really correct answer is: "well, I didn't need that money anyway."
Again, Target Retirement funds handle this completely transparently for you and require literally zero hands-on involvement.
This is quite simply nowhere near as hard as you're making it out to be.
I'm going to quote a (sarcastic) reply to another of your comments:
"This is easy. Just find a job that pays you $350,000 a year."
If you have plenty of wealth and income, then it's easy.
But then, if you have plenty of wealth and income, it doesn't really matter what you do.
If you are 45 you might be at 50/50 (safe/risky growth) by 55 25/75 by 60 90% is safe.
If something happens at 60 where you lose 50% of the 10% in growth stocks stats show that a 5 year recovery to base levels is likely.