Yup. I’m getting close as well, so like 10 years give or take depending on what the market does.
I’m planning on a glide path like ERN describes in his SWR series. Basically, I’ll start buying bonds about 5 years from retirement, then move back to equities during the first 10 years of retirement. Or maybe I’ll do it over 20 years, i haven’t decided. I’ll basically be going somewhere between 20-40% bonds depending on how close I am to me FI number, the closer I’m cutting it, the higher my bond allocation will be.
That said, bonds are looking pretty attractive right now. T-bills are around 5-6%, and they seem to be stabilizing, so longer term bond yields will likely be going to unless we have a recession. I’ve been switching my efund to t-bills, and if longer term bond yields go up, I might start my bond tent a little earlier than planned.
Yup. I’m getting close as well, so like 10 years give or take depending on what the market does.
I’m planning on a glide path like ERN describes in his SWR series. Basically, I’ll start buying bonds about 5 years from retirement, then move back to equities during the first 10 years of retirement. Or maybe I’ll do it over 20 years, i haven’t decided. I’ll basically be going somewhere between 20-40% bonds depending on how close I am to me FI number, the closer I’m cutting it, the higher my bond allocation will be.
That said, bonds are looking pretty attractive right now. T-bills are around 5-6%, and they seem to be stabilizing, so longer term bond yields will likely be going to unless we have a recession. I’ve been switching my efund to t-bills, and if longer term bond yields go up, I might start my bond tent a little earlier than planned.