This paper studies the added value of individualizing DC Life-cycle investments with respect to the individual’s labor income profile and housing wealth. Similar to the work of Munk (2016), optimal portfolios are derived explicitly from mean-variance analysis. Default life-cycle investment strategies are individualized in terms of risk aversion, and stock-income and stock-house price correlations. We find positive and substantial benefits of individualized life-cycle investment profiles in case of the stock-income correlation. Hence, considering heterogeneity in occupation sector is beneficial and provides better outcomes than one-size-fits-all life-cycle investment policies. In contrast, we conclude that individualizing life-cycle investments in terms of career path and idiosyncratic income risk has few benefits. The tailored life-cycle profile without considering housing wealth provides the highest welfare, even when the individual owns a house.