It's "interesting" to see these "short term" comments on the current market "gyrations".
For those that havenít seen the article, go to:
In it, Sue Stevens talks about the idea of the "cash pool":
"Set up a cash pool that will cover 2-5 years' worth of expenses. Take your regular distributions from this pool and periodically fill it up"
That being the case, my current plan has 2.5-3 years of short-term cash, which will (in most cases) avoid the "necessity" to draw out of my 60/40 mix.* Of course, I'll "refill the bucket" from the equity/bond side on up years, to maintain my pool.
These short-term gyrations won't mean as much to me (in retirement) when I execute my plan.