Vanguard Planning and Payout Funds
Fyi, we had our annual plan review with Vanguard today and I asked about the new Payout funds. They are too new to be assimilated into their recommendations which isn't a surprise. I asked how you would incorporate one of these funds into your allocation plan and he said right now they would just "set a payout fund aside" and recommend for the rest of the portfolio; i.e., if you have a 50-50 recommended allocation, they would keep all assets NOT in a Payout fund at 50-50. They are not really pitching these products yet until there is more track record.
Yeah, I still like our 35% Wellesley....