Cheesehead
Recycles dryer sheets
We are 2 or 3 years from retiring and just met with a hourly CFP, his AA is 50/50 and here is what he suggests I allocate for the Bond portion of my portfolio:
25% Inflation Protected TIPS Fund
25% Treasuries such as Vanguard Total Bond Index
25% Corporate such as Investment Grade Bond Fund
25% High Yield Corporate
He may have suggested those because we impressed upon him that we like low fees. I listen to Bob Brinker weekly and subscribe to his newsletter, his AA is 50/50, what he suggests for the Bond portion of a portfolio for people our age is:
20% Fidelity Floating Rate High Income
20% DoubleLine Low Duration Bond
10% Osterweis Strategic Income Fund.
However, two of those have fees around .7% and one is at .9%. To complicate things I have about 10% of our nest egg in a Fixed Income Annuity for 4 years at 1.8%, another 3% in I Bonds, and 9% in CDs which will come due in 1 year at which time I can add to our AA. The Stock portion is in Total Stock, Total International and Small Cap Index.
So, what do you think? I am leaning towards the options suggested by the CFP. This is making my brain hurt so I am also considering just putting most everything in Wellington and quit trying to figure out AA!
Thanks for your learned opinion.
25% Inflation Protected TIPS Fund
25% Treasuries such as Vanguard Total Bond Index
25% Corporate such as Investment Grade Bond Fund
25% High Yield Corporate
He may have suggested those because we impressed upon him that we like low fees. I listen to Bob Brinker weekly and subscribe to his newsletter, his AA is 50/50, what he suggests for the Bond portion of a portfolio for people our age is:
20% Fidelity Floating Rate High Income
20% DoubleLine Low Duration Bond
10% Osterweis Strategic Income Fund.
However, two of those have fees around .7% and one is at .9%. To complicate things I have about 10% of our nest egg in a Fixed Income Annuity for 4 years at 1.8%, another 3% in I Bonds, and 9% in CDs which will come due in 1 year at which time I can add to our AA. The Stock portion is in Total Stock, Total International and Small Cap Index.
So, what do you think? I am leaning towards the options suggested by the CFP. This is making my brain hurt so I am also considering just putting most everything in Wellington and quit trying to figure out AA!
Thanks for your learned opinion.
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