A More Modern Approach
If you have at least a moderate
risk tolerance, forget about bonds and your age, and try the 15/50 stock rule. If you think that you have more than 15 years left to live your portfolio should consist of at least 50% stocks, with the balance that's left placed in bonds and cash. This approach can help you maintain a steady balance between risk and reward.
This isn’t a new concept by any means. The 15/50 portfolio approach, which is first split 50/50 between stocks and bonds, has been around for decades.