FIREHAPPY
Dryer sheet aficionado
Hi. Retired in 2016 at 54, wife retiring next month at 53. Our overall portfolio is currently weighed 70% in low cost, stock index funds.
Deferred comp plan begins distribution in 2018 and will pay all living expenses next 5 years. DC is currently invested in S&P Index funds.
I'm wondering if I should move the deferred comp investments to a more conservative investment structure such as a short term bond fund to ensure stability. Shifting to a more conservative structure seems like a prudent move but i'm not a big fan of bond funds in a rising interest rate environment.
Would appreciate comments/feedback. Thanks
Deferred comp plan begins distribution in 2018 and will pay all living expenses next 5 years. DC is currently invested in S&P Index funds.
I'm wondering if I should move the deferred comp investments to a more conservative investment structure such as a short term bond fund to ensure stability. Shifting to a more conservative structure seems like a prudent move but i'm not a big fan of bond funds in a rising interest rate environment.
Would appreciate comments/feedback. Thanks