My pension portfolio. After going round and round, I have finally completed the composition of my 3-tier personal/retirement pension portfolio. The following posts summarize the traces and the change I experienced regarding portfolio composition.
<Initial Version of the 3-tier Pension Portfolio>
I have no plans to change my portfolio until the age of 50. Since we have 100 years lifespan, I believe it’s okay to be 100% exposed to the market until before turning 50. And the current plan is to rebalance the assets to dividend stocks or bonds five years before retirement. Actually, it’s an option to leave my portfolio as they are after the retirement. Oh, of course, when I return to Korea, I will stop to make contributions to Social Security Retirement and investments in Roth IRA accounts.
| Type | Name/Account | Annual Contribution | Investment | Remark | |
| National Pension | NPS (KR) | Income 4.5% | N/A | 1st tier pension | |
| Social Security Retirement (US) | Income 6.2% | ||||
| Corporate Pension | DB | – | 2nd tier pension | ||
| Individual Pension | Pension Saving | 18M KRW | KODEX S&P500TR (50%) | KODEX Nasdaq 100TR (50%) | 3rd tier pension |
| ISA | 20M KRW | ||||
| IRP | – | – | |||
| Roth IRA | $7,000 | Vanguard S&P 500 ETF (VOO) | |||
Sidebar
Although pension investment is the main focus, it can get a bit tedious doing just that. (Although it suits my aptitude well, the road to becoming wealthy is not easy.) Oh, actually, it’s not so much that it’s tiring when I don’t pay attention, but rather that I’m curious about other stimulating things in different neighborhoods.
These days, domestic stock markets seem to be gaining popularity through value-up programs. Hoping for the Korean economy to do well, I would like the index to reach 4,000, and although I want to invest (if I do, it would be in KODEX 200 TR), it’s not as easy as I’d like it to be. Still, should I put in a little more… If the annual growth rate is 10%, the KOSPI index should exceed 18,000 in 20 years. Can it really happen… Looking at my Korean stocks, maybe not doing anything is the right move… Korean stocks aren’t easy.
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