Hi all, I've been reading this board quite a bit for the last several months and have decided to finally ask a question of you....
I just turned 60 last month and have talked to my company HR folks about retirement. If I retire on 2/1/09, I will have about $950K between my company retirement account and 401K which have been administered by Vanguard. My question is, which Vanguard fund(s) should I put my retirement money into that would offer security at the expense of larger returns? In other words, I'm a chicken and am willing to watch my balance not go up as long as it doesn't go down. Was that a dumb enough explaination?
Thanks for any opinions!
I just turned 60 last month and have talked to my company HR folks about retirement. If I retire on 2/1/09, I will have about $950K between my company retirement account and 401K which have been administered by Vanguard. My question is, which Vanguard fund(s) should I put my retirement money into that would offer security at the expense of larger returns? In other words, I'm a chicken and am willing to watch my balance not go up as long as it doesn't go down. Was that a dumb enough explaination?
Thanks for any opinions!