I am within 9 to 15 months from RE at 63. We will have $33k from wife's pension, $15K from SS and a little over $1mil in funds from brokerage and 401k.
I believe the funds I will select at retirement are:
1. Wellington - 35%
2. Weslesley - 35%
3. TR Price Cap Apprec (PRWCX) - 20% (never lost $)
4. 1St Eagle O/S - 10% (comp 401K - never lost $)
Plus I would have $80K in 6 mo or 1 yr CDs.
I plan to budget for $90K/yr (penison, SS, withdrawl)
Is this a good plan or do I have too much overlap?
I believe the funds I will select at retirement are:
1. Wellington - 35%
2. Weslesley - 35%
3. TR Price Cap Apprec (PRWCX) - 20% (never lost $)
4. 1St Eagle O/S - 10% (comp 401K - never lost $)
Plus I would have $80K in 6 mo or 1 yr CDs.
I plan to budget for $90K/yr (penison, SS, withdrawl)
Is this a good plan or do I have too much overlap?