Deer Whisperer
Confused about dryer sheets
- Joined
- Feb 19, 2013
- Messages
- 3
I have searched the threads and have a general idea but I wanted to toss out my thoughts for your comments.
I am late 40s and retired with a government pension. I have roughly 90K in a Hartford (now Mass Mutual) bond fund that I do not have an immediate need for. I am looking for a stable growth for this fund to prepare for a rainy day in the future such as a major illness. I am generally risk adverse but know I need to get out of the pure bond fund. I have been looking at the Vanguard Target retirement fund. I want to park the funds and check on it periodically.
What are your thoughts? The "target" funds balance based on your age such as 40-50 or retired. MY situation is a little unique that I am retired but don't feel I should be so conservative and select the "retired" portfolio.
Thanks in advance.
I am late 40s and retired with a government pension. I have roughly 90K in a Hartford (now Mass Mutual) bond fund that I do not have an immediate need for. I am looking for a stable growth for this fund to prepare for a rainy day in the future such as a major illness. I am generally risk adverse but know I need to get out of the pure bond fund. I have been looking at the Vanguard Target retirement fund. I want to park the funds and check on it periodically.
What are your thoughts? The "target" funds balance based on your age such as 40-50 or retired. MY situation is a little unique that I am retired but don't feel I should be so conservative and select the "retired" portfolio.
Thanks in advance.