Does anyone change not just AA but the funds they use once in retirement if those have a different function than the ones used to get to retirement?
I have a standard 3-fund portfolio. Upon retirement, I have contemplated switching it to VYM (Vanguard High Div) as the dividends would function as a pension, covering all annual expenses in retirement once coupled with my actual pension. I would then never withdraw from my portfolio, living off of dividends and passive income. My only concern is VYM's keeping pace with inflation. Is there a Bogle philosophy about retirement as income versus retirement as growth? I'm a believer in the 4% rule, but an even stronger one in the 0% rule. TIA.
M
I have a standard 3-fund portfolio. Upon retirement, I have contemplated switching it to VYM (Vanguard High Div) as the dividends would function as a pension, covering all annual expenses in retirement once coupled with my actual pension. I would then never withdraw from my portfolio, living off of dividends and passive income. My only concern is VYM's keeping pace with inflation. Is there a Bogle philosophy about retirement as income versus retirement as growth? I'm a believer in the 4% rule, but an even stronger one in the 0% rule. TIA.
M
Statistics: Posted by myartman — Thu Apr 11, 2024 12:26 pm — Replies 8 — Views 344