how do most of you determine your bond allocation?
I go at it the other way 'round --> Determine suitable Equity allocation first. Then that leaves the remaining percentage for Fixed. Which can then be sliced into an actual bond allocation, cash allocation, any other fixed instruments.
For me, it's 60/40 Equity/Fixed. I have no plans to change that allocation. Maybe someday when I reach 70 YOA, I might consider a small change.
If I was in my 30's, I probably would be 100% equities, or close to it.
That said, if there was a person in their 30's who was nearing the big $ amount to retire in their 30's, then yes, I could sure see trimming back some on the equities to stave off a bear market putting them 10 years back in their plans! But they still need to think about long-term growth to keep up with/pass inflation in the future.