Opinions greatly appreciated
I have notified my company that I will retire on 1 April of this year, at 60.5 years of age. My retirement funds, a 401K and company sponsored plan, are both with Vanguard. I took advantage of the Vanguard Financial Planning Service, filled out the questionare and had an interview with a Financial Planner. We both agreed that for me a 30/70 ratio was best and he went about creating a plan. In it he recommended that for Stocks I use VTSAX (17%) VGTSX (7%) and VDEQX (6%). For Bonds, VBMFX (45%) and VBTLX (25%). I'm pretty sure that you on this board will know what the VXXXXX stands for....in your opinion, do these funds seem like a reasonable allocation of my retirement money given the current state of the financial world?
My wife and I just want to head out in our RV beginning in May for cooler summer weather and not have to worry about the stock market.
Thanks for any and all opinions offered!