Just thinking about my asset allocation. I'm 34, relatively high earner (combined household income of $200k, moderate CoL, income will hopefully continue to rise) and sitting on a 90/10 stock/bond allocation. Hypothetically, if I want to shift gears and leave my high paying career in 7 years, and I have 100k at 90/10 asset allocation right now, and I plan to invest approximately another $100k per year for the next 7 years - should I be considering a more conservative allocation to even out the ride? Or stick with a higher allocation of equities and hope for the most gains?
I do plan to work in some capacity (I.e. Public service or government) where the pay will be low but I will get other benefits, but I want the option to do nothing.