My big day is coming up here in July and I'm on the fence as to whether just leave the investments in VG lazy portfolio or go to the Income for Life bucket allocation. Here is a good video of the Inc4Life concept.
The Income for Life Model
click on the play movie link on the left. it's about 10 minutes, but a good outline of the concept.
My lazy portfolio is as follows, i.e. Alex Greens gone fishing portfolio.
Vanguard Total Stock Market Index (VTSMX) – 15%
Vanguard Small-Cap Index (NAESX) – 15%
Vanguard European Stock Index (VEURX) – 10%
Vanguard Pacific Stock Index (VPACX) – 10%
Vanguard Emerging Markets Index (VEIEX) – 10%
Vanguard Short-term Bond Index (VFSTX) – 10%
Vanguard High-Yield Corporates Fund (VWEHX) – 10%
Vanguard Inflation-Protected Securities Fund (VIPSX) – 10%
Vanguard REIT Index (VGSIX) – 5%
Vanguard Precious Metals Fund (VGPMX) – 5%
My choice is either rebalance annually by withdrawing one years expenses to a VG money market and transfer to checking on monthly basis, or use the buckets outlined in the Inc4Life structure. Both methods seem reasonable to me.
My assets are split pretty much 50/50 in taxable/tax-deferred if that makes any difference on the tax efficiency scale.
Thoughts from the experts would be appreciated. This is the last decision I need to wrap up as I start ER.
Nano
The Income for Life Model
click on the play movie link on the left. it's about 10 minutes, but a good outline of the concept.
My lazy portfolio is as follows, i.e. Alex Greens gone fishing portfolio.
Vanguard Total Stock Market Index (VTSMX) – 15%
Vanguard Small-Cap Index (NAESX) – 15%
Vanguard European Stock Index (VEURX) – 10%
Vanguard Pacific Stock Index (VPACX) – 10%
Vanguard Emerging Markets Index (VEIEX) – 10%
Vanguard Short-term Bond Index (VFSTX) – 10%
Vanguard High-Yield Corporates Fund (VWEHX) – 10%
Vanguard Inflation-Protected Securities Fund (VIPSX) – 10%
Vanguard REIT Index (VGSIX) – 5%
Vanguard Precious Metals Fund (VGPMX) – 5%
My choice is either rebalance annually by withdrawing one years expenses to a VG money market and transfer to checking on monthly basis, or use the buckets outlined in the Inc4Life structure. Both methods seem reasonable to me.
My assets are split pretty much 50/50 in taxable/tax-deferred if that makes any difference on the tax efficiency scale.
Thoughts from the experts would be appreciated. This is the last decision I need to wrap up as I start ER.
Nano