diff --git a/RetirementAssetPortfolio.yaml b/spec/RetirementAssetPortfolio.yaml
similarity index 100%
rename from RetirementAssetPortfolio.yaml
rename to spec/RetirementAssetPortfolio.yaml
diff --git a/RetirementAssetPortfolioReportTemplate.yaml b/spec/RetirementAssetPortfolioReportTemplate.yaml
similarity index 100%
rename from RetirementAssetPortfolioReportTemplate.yaml
rename to spec/RetirementAssetPortfolioReportTemplate.yaml
diff --git a/tools/build_bundle.py b/tools/build_bundle.py
index fdb7d5c..3ee5b50 100644
--- a/tools/build_bundle.py
+++ b/tools/build_bundle.py
@@ -38,7 +38,7 @@ def compute_content_signature(contents: dict[str, str]) -> str:
 
 
 def flatten_manifest_files(manifest: dict) -> list[str]:
-    ordered: list[str] = ["RetirementAssetPortfolio.yaml", "AGENTS.md"]
+    ordered: list[str] = ["spec/RetirementAssetPortfolio.yaml", "AGENTS.md"]
     for step in (manifest.get("load_sequence") or {}).values():
         for file_name in step.get("files", []):
             if "*" not in file_name and file_name not in ordered:
@@ -136,7 +136,7 @@ def save_cache(payload: dict[str, str]) -> None:
 def main() -> int:
     DIST.mkdir(exist_ok=True)
     # 1) 공통 입력 로드는 순차로 고정한다.
-    manifest = yaml.safe_load((ROOT / "RetirementAssetPortfolio.yaml").read_text(encoding="utf-8"))
+    manifest = yaml.safe_load((ROOT / "spec" / "RetirementAssetPortfolio.yaml").read_text(encoding="utf-8"))
     profiles = {mode: bundle_profile(manifest, mode) for mode in ("full", "compact", "ultra_compact")}
     all_profile_paths = [path for profile in profiles.values() for path in profile.get("files", [])]
     all_unique_paths = sorted({path for path in all_profile_paths if "*" not in path})
diff --git a/tools/validate_compact_bundle_equivalence_v1.py b/tools/validate_compact_bundle_equivalence_v1.py
index bcf7eca..678ea32 100644
--- a/tools/validate_compact_bundle_equivalence_v1.py
+++ b/tools/validate_compact_bundle_equivalence_v1.py
@@ -9,7 +9,7 @@ import yaml
 
 ROOT = Path(__file__).resolve().parents[1]
 REQUIRED_KEYS = [
-    "RetirementAssetPortfolio.yaml",
+    "spec/RetirementAssetPortfolio.yaml",
     "AGENTS.md",
     "spec/13_formula_registry.yaml",
     "spec/12_field_dictionary.yaml",
diff --git a/tools/validate_source_authority_collapse_v1.py b/tools/validate_source_authority_collapse_v1.py
index 617146e..df1d6e1 100644
--- a/tools/validate_source_authority_collapse_v1.py
+++ b/tools/validate_source_authority_collapse_v1.py
@@ -17,9 +17,10 @@ KNOWN_EXTS = {
 
 
 def _classify(path: Path) -> str:
-    if path.name in {"AGENTS.md", "README.md", "package.json", "GatherTradingData.json",
-                     "RetirementAssetPortfolio.yaml", "RetirementAssetPortfolioReportTemplate.yaml"}:
+    if path.name in {"AGENTS.md", "README.md", "package.json", "GatherTradingData.json"}:
         return "authority" if path.suffix in {".md", ".yaml", ".json"} else "support"
+    if path.name in {"RetirementAssetPortfolio.yaml", "RetirementAssetPortfolioReportTemplate.yaml"}:
+        return "authority"
     parts = path.relative_to(ROOT).parts
     if parts and parts[0] in KNOWN_DIRS:
         return "authority" if parts[0] in {"spec", "governance", "src", "tools", "runtime"} else "support"
diff --git a/tools/validate_specs.py b/tools/validate_specs.py
index f6f58aa..b3185a9 100644
--- a/tools/validate_specs.py
+++ b/tools/validate_specs.py
@@ -683,8 +683,8 @@ def main() -> int:
     errors: list[str] = []
 
     yaml_paths = [
-        ROOT / "RetirementAssetPortfolio.yaml",
-        ROOT / "RetirementAssetPortfolioReportTemplate.yaml",
+        ROOT / "spec" / "RetirementAssetPortfolio.yaml",
+        ROOT / "spec" / "RetirementAssetPortfolioReportTemplate.yaml",
         *sorted((ROOT / "spec").rglob("*.yaml")),
         *sorted((ROOT / "examples").glob("*.yaml")),
         *sorted((ROOT / "proposals").glob("*.yaml")),
@@ -704,7 +704,7 @@ def main() -> int:
         except Exception as exc:
             fail(errors, f"JSONL parse failed: {path}:{line_no}: {type(exc).__name__}: {exc}")
 
-    manifest = load_yaml(ROOT / "RetirementAssetPortfolio.yaml", errors) or {}
+    manifest = load_yaml(ROOT / "spec" / "RetirementAssetPortfolio.yaml", errors) or {}
     for step_name, step in (manifest.get("load_sequence") or {}).items():
         for file_name in step.get("files", []):
             # Temp/ 파일은 런타임 생성 아티팩트 — CI 체크아웃 환경에서는 존재하지 않음
@@ -717,7 +717,7 @@ def main() -> int:
             fail(errors, f"manifest spec_files missing file: {key}: {file_name}")
 
     # All spec YAML files should be registered in manifest, governance, split indexes, or compatibility indexes.
-    manifest_text = (ROOT / "RetirementAssetPortfolio.yaml").read_text(encoding="utf-8")
+    manifest_text = (ROOT / "spec" / "RetirementAssetPortfolio.yaml").read_text(encoding="utf-8")
     for path in sorted((ROOT / "spec").rglob("*.yaml")):
         rel = path.relative_to(ROOT).as_posix()
         if rel not in manifest_text:
@@ -742,7 +742,7 @@ def main() -> int:
     combined_text = "\n".join(
         path.read_text(encoding="utf-8")
         for path in [
-            ROOT / "RetirementAssetPortfolio.yaml",
+            ROOT / "spec" / "RetirementAssetPortfolio.yaml",
             ROOT / "AGENTS.md",
             ROOT / "spec" / "07_output_schema.yaml",
             ROOT / "prompts" / "analysis_prompt.md",
@@ -755,9 +755,9 @@ def main() -> int:
         fail(errors, "current schema version not referenced")
 
     active_text_paths = [
-        ROOT / "RetirementAssetPortfolio.yaml",
+        ROOT / "spec" / "RetirementAssetPortfolio.yaml",
         ROOT / "AGENTS.md",
-        ROOT / "RetirementAssetPortfolioReportTemplate.yaml",
+        ROOT / "spec" / "RetirementAssetPortfolioReportTemplate.yaml",
         *sorted((ROOT / "spec").rglob("*.yaml")),
         *sorted((ROOT / "prompts").glob("*.md")),
         *sorted((ROOT / "tests").glob("*.yaml")),