Hello, I have RE'd with no current intentions of going back into the rat race. I have approx. 25 times expenses in a mix of taxable, 401K and Roths. My current AA is close to 90/10. The majority is with Vanguard, a small amount with a FA that I will be drawing down first. This account should provide 4 to 5 yrs of expenses.
I need to move to a much more conservative AA, probably around 60/40, I think. My questions, How would you go about the adjustment? My stock allocation has done well but bonds seem fairly high priced, to me. Should I just make the move or maybe take some of my gains and park in a MM waiting for bonds to become more attractive?
I assume the increased bond allocation would be best done in an IRA and not in my taxable accounts. I'm sure, I've muddled up this post. Please ask any questions you'd like & let me know your thoughts.
Thanks for looking!
Murf
I need to move to a much more conservative AA, probably around 60/40, I think. My questions, How would you go about the adjustment? My stock allocation has done well but bonds seem fairly high priced, to me. Should I just make the move or maybe take some of my gains and park in a MM waiting for bonds to become more attractive?
I assume the increased bond allocation would be best done in an IRA and not in my taxable accounts. I'm sure, I've muddled up this post. Please ask any questions you'd like & let me know your thoughts.
Thanks for looking!
Murf