I have ~ 4 yrs till I want to RE. I am working now simply because my kids are in college. When they graduate I will be wanting to make a change. I currently have ~50% in stocks/ 40% in Bonds and 10% in cash(3 yrs worth of household budget. I am looking to limit my risk as I have the capital and don't want to put it at significant risk. I plan on taking 3.5% of the assets per year for expenses and using the cash on hand as a buffer against down times.
I am looking at rolling most of my assets into the Wellesley Income fund. Keeping my Total Stock and International Funds for purposes of holding to a 40% Stock and 60% Bond/Cash Allocation.
Anyone else doing this?