It's finally time to move an inherited IRA from VG to Schwab. I haven't tweaked the holdings since I inherited it in 2016 so it's time to do that too. I am also fortunate to be taking RMDs over my lifetime rather than compressed into 10 years.
CURRENT VG holdings:
VAIPX... 11% ... Inflation Protected Securities
VBTLX... 22% ... Total Bond Index
VWENX... 57% ... Wellington
VWIAX... 5% ... Wellesley
VMMRX... 5% ... Money Market Prime
Which works out to 38% stocks and 62% bonds+cash. I don't know if that was what my father intended but ...
For simplicity I want to convert to cash, move to CS, and buy Schwab products or ETFs. I am not wedded to this combination of products -- my father picked them. I know he was a fan of Wellington and Wellesley.
So for a Schwab i-IRA which will be paid out over the next 20-25 years (?), what would you suggest, keeping K.I.S.S. mind? (I have another 6 years before I have to take RMDs from my my t-IRAs).
TIA
CURRENT VG holdings:
VAIPX... 11% ... Inflation Protected Securities
VBTLX... 22% ... Total Bond Index
VWENX... 57% ... Wellington
VWIAX... 5% ... Wellesley
VMMRX... 5% ... Money Market Prime
Which works out to 38% stocks and 62% bonds+cash. I don't know if that was what my father intended but ...
For simplicity I want to convert to cash, move to CS, and buy Schwab products or ETFs. I am not wedded to this combination of products -- my father picked them. I know he was a fan of Wellington and Wellesley.
So for a Schwab i-IRA which will be paid out over the next 20-25 years (?), what would you suggest, keeping K.I.S.S. mind? (I have another 6 years before I have to take RMDs from my my t-IRAs).
TIA