PointBreeze
Recycles dryer sheets
My 84-yr-old dad (an avid student of investing for 50 years with somewhat unorthodox ideas at times) recently suggested I look into target date bond ETFs. I was asking him questions about buying individual bonds to set up a bond ladder. I’m not confident at all in my understanding of how to select bonds, and that’s when he suggested these ETFs. For example, see https://www.invesco.com/bond-ladder/.
I’m interested in any sage advice about this approach to investing in bonds. Our Target asset allocation is 50% equities, 40% bonds, 10% cash/money market.
I transitioned to full retirement earlier this year at age 60; dear partner is 75 and has been retired for 6 years. Our accounts total north of $1.5 million (12% not taxable, 25% taxable, 63% tax deferred).
I’m interested in any sage advice about this approach to investing in bonds. Our Target asset allocation is 50% equities, 40% bonds, 10% cash/money market.
I transitioned to full retirement earlier this year at age 60; dear partner is 75 and has been retired for 6 years. Our accounts total north of $1.5 million (12% not taxable, 25% taxable, 63% tax deferred).