My Retirement Portfolio After Being Laid Off — Too Much Risk?

My retirement portfolio is up over $60,000 since I was laid off 3 months ago. But, I think I'm taking too much risk. At first glance, the numbers look great. But, when I looked at my July update, I noticed one number that made me question whether my current 91% strategy still makes sense. Let me show

you what I'm talking about. If you're new here, I started documenting this journey after being laid off at 51. And back then, my retirement portfolio was about $815,000. So, let's take a look at where the portfolio ended for the month of July. The current balance in my retirement accounts, which includes my 401k and my

Roth IRA, is $435,500. And this is where the majority of my long-term investments are held, and we'll come back to this account in just a minute because this is where my biggest concern is. The brokerage account is currently worth $359,000. This is the account that will be important once my severance ends in

January. One of the advantages of this account is that I can access it before traditional retirement age if I need to. Let's talk about my health savings account next. And if you like these monthly update videos and would like me to continue making them, hit that like button to let me know. The current

balance in my HSA is $58,400. I've set this money aside specifically for future health care costs, which will be one of the biggest expense before I reach Medicare. And I still have about 25,000 in cash, which is roughly a year's worth of living expenses at my current spending level. So, at the end

of July, my total retirement portfolio is around 877,900. So, that's over 60,000 higher than when I was first laid off. And honestly, when I look at that number by itself, it's hard not to feel good about it. But, when I look at my allocations, that's where things get interesting. You see, right now about 91% of my