Under Firecalc's portfolio section, there is an option to specify the percentage of your portfolio in equities and "fixed income" -- Here are the options for fixed income:
- Commercial Paper
- Long Interest Rate (default)
- 30 Year Treasury
- 5 Year Treasury
I have been using the default, but I'm not sure if that is correct. In reality, my bond portfolio looks like this:
20% = iBonds (30 yr)
80% = Mixture of these 4 bond funds:
- Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares MUTF: VWIUX
- Vanguard Tax-Managed Balanced Fund Admiral Shares MUTF: VTMFX (50% bonds, 50% stocks)
- Vanguard Total Bond Market Index Fund Institutional Shares MUTF: VBTIX
- FidelityŽ U.S. Bond Index Fund Premium Class MUTF: FSITX
Is it reasonable to keep using the default (Long Interest Rate), given my bond portfolio?
Thanks.