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Old 02-12-2012, 07:57 AM
allus70 allus70 is offline
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Default Setting Up My Vanguard Asset Allocation
I am in the process of setting up my asset allocation for my IRA. Will be 61, just retired, not planning to draw on my IRA until 70. Vanguard advised a 50/50 distribution of assets spread equally between equity and bond funds. Having been burnt several times in the past, I suppose I am over cautious... perhaps too cautious. I was considering a distribution consisting of 1/3 equity funds and 2/3 bond funds.
I'm in this for the long haul, am I being too conservative?