Originally Posted by Livefree
He suggested something more stable like all cash. It surprised me, because I thought they weren't supposed to offer advice like this. The fund is currently 20/40/40 stock/Bond/Cash
I think it's conventional financial wisdom that anything you're planning to withdraw in the next couple years should be in cash, and anything you're planning to withdraw in the next five years should not be in equities.
Our kid starts college in 177 days yet we left her college fund in over 90% equities until we went 100% cash in Feb 2008... it was that guy Laurence
who's reintroducing himself that gave us a wakeup call.