Recently retired and am wondering how to allot the bond portion of my portfolio. Plan on having (for now) a 60-65/40-35 portfolio. We currently have about the same amount of intermediate bond funds in each of our IRAs (BIV in one and FTHRX in the other) and a smaller amount of Fidelity Total Bond (FTBFX) in our taxable account. Have a separate Ally HYSA for some upcoming home projects that I am not counting as part of the portfolio. Also have 1-2 years of expenses in a MMF. Since we will need to start drawing down the portfolio in the next month or two, my plan is to send a monthly "paycheck" from MMF to checking, replenish the MMF either quarterly or semi-annually, and then rebalance after the replenishment. My question is do you think I should ditch one of the int. bond funds in an IRA and replace it with a shorter term fund such as iShares NEAR or Vanguard VGSH for a bit of diversity? If so, would I withdraw from short term first and then int. term or does it not really matter? In a very low tax bracket so taxes won't be a major issue. The total bond allocation should last 8-10 years just in case the wheels totally come off. Like I said, I'm new to this whole retirement thing so any input is appreciated, especially if you think the whole withdrawal plan or the funds themselves are flawed.
Statistics: Posted by drspine — Sun Nov 17, 2024 9:44 pm — Replies 1 — Views 300