My 401K account is with Vanguard. As I near early retirement, Vanguard has a calculator that gives you what they consider to be the optimal asset allocation relative to how close you are to retirement. With less than a year left until early retirement, this calculator tells me I should have about 40% of my portfolio in stocks, and 60% in bonds.
There is no mention of having money in their Money Market Fund, what they consider to be short term reserves. I am wondering if there is some sort of advantage to have having the money in bonds rather than the money market fund.
I have about 10% of my total in this Money Market Fund now. Should I transfer these funds to bonds? They both have about the same return.
There is no mention of having money in their Money Market Fund, what they consider to be short term reserves. I am wondering if there is some sort of advantage to have having the money in bonds rather than the money market fund.
I have about 10% of my total in this Money Market Fund now. Should I transfer these funds to bonds? They both have about the same return.
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