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I'm hoping to get some input from investors on the best way to go from 100% security's to the fixed income market.
A summery of where I'm at:
I would like to retire in 4 years at age 55. I would be penalized if I tap into my union benefits before age 62 so I'll leave that alone until then. I've also got about 40.000 in an Roth IRA that I won't touch until I can do so without penalty.
The part that I would like advice on is currently held with Schwab. I've got a number of holdings but the lions share of it is split pretty close to 50/50 between the Schwab 1000 and QQQQ. I don't have any fixed income investments and would like to move into some. My plan (not etched in stone) is to be about 50/50 in Van Guard total market index and Van Guard total bond index when I actually am into retirement. (I'm looking at Van Guard for their low operating expenses).
I was hoping to get specific advice on how I should make the transition over the next 4 years. I know I'm over weighted in the tech sector and would guess that would be what I sell in order to go to bonds, but I don't know if I should sell the Q's in a lump sum or small increments (the same question with buying the bond fund, would it be considered a "sideways" move)?
Thanks,
Bob
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