We are now just 15 months from FIRE! I have been working on changing my asset allocation and I am now at 70/30 down from the 100% stocks that I maintained through accumulation. I am still having a hard time getting excited about bonds, though I have appreciated the relative stability they brought through these recent swings.
Does any one have experience with the Lincoln Financial Stable Value Fund? I have access to this fund and a year ago I put 30% of the money I had invested with Lincoln into the Stable value. The rest of my funds at Lincoln are in an index fund with an ER of 0.3% which is higher than for the Vanguard funds I have at Fidelity. I have most of my 403b in Vanguard index at Fidelity with 70% stocks index- large (25%), medium (20%), small(10%), international (15%) and 30% Vanguard bond index.
I was thinking perhaps that I would sell the remaining index at Lincoln and invest the proceeds in the Value fund. This would bring my "bond like" investments to nearly 50%. The fund has a minimum 3% return. Their website is terrible and I will likely have to call to get to the bottom of fees and insure that I will be able to get monthly or yearly withdrawals from this after FIRE. I will be leaving at 55 and so I should be able to draw off of this without penalty. I thought that having this money to draw from to supplement my pension would make me feel less anxious if I end up FIRING in a down market. I plan on transferring the Fidelity work account to a Fidelity brokerage account. I also have an ING account that I will convert to Roth and transfer to Vanguard and a Plan Member account with Wellesley, Wellington and Total stock that I will transfer to Vanguard.
In addition to the Lincoln Value account we would have after tax accounts and Roth with which to supplement pension until age 70 when we will take SS. I hope to be able to manage our income in order to get ACA subsidy and hope to leave the rest of the IRA accounts from work to grow undisturbed other than strategic Roth conversions.
I'd welcome any thoughts on the planning and thought process as well as any insights into using Stable Value as a stand in for some bond investment. Also any specific experience with Lincoln would be helpful!
Does any one have experience with the Lincoln Financial Stable Value Fund? I have access to this fund and a year ago I put 30% of the money I had invested with Lincoln into the Stable value. The rest of my funds at Lincoln are in an index fund with an ER of 0.3% which is higher than for the Vanguard funds I have at Fidelity. I have most of my 403b in Vanguard index at Fidelity with 70% stocks index- large (25%), medium (20%), small(10%), international (15%) and 30% Vanguard bond index.
I was thinking perhaps that I would sell the remaining index at Lincoln and invest the proceeds in the Value fund. This would bring my "bond like" investments to nearly 50%. The fund has a minimum 3% return. Their website is terrible and I will likely have to call to get to the bottom of fees and insure that I will be able to get monthly or yearly withdrawals from this after FIRE. I will be leaving at 55 and so I should be able to draw off of this without penalty. I thought that having this money to draw from to supplement my pension would make me feel less anxious if I end up FIRING in a down market. I plan on transferring the Fidelity work account to a Fidelity brokerage account. I also have an ING account that I will convert to Roth and transfer to Vanguard and a Plan Member account with Wellesley, Wellington and Total stock that I will transfer to Vanguard.
In addition to the Lincoln Value account we would have after tax accounts and Roth with which to supplement pension until age 70 when we will take SS. I hope to be able to manage our income in order to get ACA subsidy and hope to leave the rest of the IRA accounts from work to grow undisturbed other than strategic Roth conversions.
I'd welcome any thoughts on the planning and thought process as well as any insights into using Stable Value as a stand in for some bond investment. Also any specific experience with Lincoln would be helpful!