Vanguard Managed Payout Funds

[Rena]

I already have retirement accounts with Vanguard but have some money sitting in an "interest" bearing checking account that I want to put somewhere. I would like to know if anyone has an opinion on their Managed Payout Funds vs any of VG's other funds.

 

[2B]

Managed payout funds are only Vanguard's version of a balanced portfolio. They then claim they can send you the payout amount without running out of money. This isn't guaranteed.

I would recommend you manage your own AA and take a reasonable withdrawal. Any implied "safety" is an illusion.

 

[Midpack]

If you search this site, past threads may be somewhat helpful. Here's one http://www.early-retirement.org/forums/f28/vanguard-managed-payout-funds-66214.html

 

[Rena]

Thanks for the link. Just what I was looking for.