Ideal Portfolio For A 60+ Year Old

Millennial Dividends
7.86K Followers

Summary

  • For 60+ year old investors, a 70% equities / 25% bonds / 5% cash mix balances growth, income, and downside protection.
  • Focus on VOO, VTI, QQQ (40%), income ETFs like SCHD, VIG (20%), plus 10% each in international and 10% in small caps, with few individual stock picks.
  • Stick to short-term US Treasuries and core bond ETFs to avoid duration, interest rate risk, while benefiting from income stability.
  • Keep 1–2 years of expenses in high-yield savings to avoid liquidating equity portfolio during sell-offs.
Balancing Finances and Time - A Blue Seesaw with a Piggy Bank and an Alarm Clock

J Studios

Just few days ago, I published an article titled VOO Vs. QQQ: Which Is The Better ETF For Investors In Their 30s, which received a lot of positive feedback from my followers, discussing the ideal asset allocation and my recommended approach

This article was written by

7.86K Followers
I’m a Financial Analyst at a Fortune 500 company, investing with a long runway—30 years to retirement and plenty of compounding ahead. I write about building a thoughtful portfolio that balances strong growth potential with solid fundamentals. My focus is on high-quality businesses, mostly in the U.S. and Europe—companies with staying power, industry-leading profitability, low leverage, and room to grow. I’m especially interested in portfolio strategy, capital allocation, and what makes a business truly worth holding for the long haul. Investing, for me, is about more than just returns—it’s a way to challenge my thinking, stay curious, and move steadily toward financial independence.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of VOO, QQQ, ASML either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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SymbolLast Price% Chg
VOO--
Vanguard S&P 500 ETF
VTI--
Vanguard Total Stock Market Index Fund ETF Shares
QQQ--
Invesco QQQ Trust ETF
SCHD--
Schwab U.S. Dividend Equity ETF™
VIG--
Vanguard Dividend Appreciation Index Fund ETF Shares

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