Vanguard: Bond bubble/bond cliff: How should you respond?
Many of you have probably already seen this (today), and nothing really new, one of the mainstream views on the "bond bubble." Undoubtedly, YMMV.
“We all know what to do, we just don’t know how to get re-elected after we’ve done it.” [When talking about economic reforms] Jean-Claude Juncker
Retired Jun 2011 at age 57
Target AA: 55% equity funds / 40% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)