New here:hope to retire 2yrs, with a question
I'm sure this question has been asked many times: For the conservative portion of my portfolio, Bond Fund or individual bonds? Vanguard recommended funds, and actually strongly advised against individual bonds.
Current total portfolio $1.1 million. My wife will likely work another 6-7 years, my target is 2 years (we're both 58 years old). I'm concerned that with interest rates so low, they can only go up and I'm worried that interest rate increases would cause loss in value to negate the returns.
I previously had a very aggressive mix of stocks: cash, and now want to reallocate.