My current mix of all funds is 55% stock (Index funds), 30% Bond funds, and 15% Cash. I'm content with the stock allocation. We didn't overtly shoot for that Cash percentage, but over the years our conservative nature had us pouring extra money into simple savings.
I'm 63, DW will soon be 64, and plans to w*rk for a couple of more years. I've mentioned in other posts I have, and like, that sleep-at-night factor. We are not in the drawdown phase, yet, due to DW's employment income.
We're in a financially secure position both now and after DW calls it quits. So, is there anything "wrong" with that Cash allocation? We do have quite a bit in CD's, so we're at least squeezing out some extra interest.
I'm 63, DW will soon be 64, and plans to w*rk for a couple of more years. I've mentioned in other posts I have, and like, that sleep-at-night factor. We are not in the drawdown phase, yet, due to DW's employment income.
We're in a financially secure position both now and after DW calls it quits. So, is there anything "wrong" with that Cash allocation? We do have quite a bit in CD's, so we're at least squeezing out some extra interest.