woodedareas wrote:I am 70 years old...
woodedareas wrote:For my personal tax sensitive account he suggested the Vanguard Intermediate Tax Exempt fund for 70% (Perhaps some international) and 30% again in the Vanguard total stock index.
If you have significant money in Taxable ("tax sensitive") accounts, you are in a high(er) tax bracket, and should use Tax Exempt Bonds plus Total Stock Market in addition to a Target Fund, I prefer individual Index Funds to come-up with the overall allocation.
If you want to target VTINX's allocation, then it could look something like this.
Vanguard Target Retirement Income Fund (VTINX) wrote:
1 Vanguard Total Bond Market II Index Fund Investor Shares* 44.9% [good in tax-advantaged (not taxable)]
2 Vanguard Total Stock Market Index Fund Investor Shares 21.2% [good in tax-sensitive]
3 Vanguard Inflation-Protected Securities Fund Investor Shares 19.9% [definitely in tax-advantaged (not taxable)]
4 Vanguard Total International Stock Index Fund Investor Shares 9.1% [good in tax-sensitive]
5 Vanguard Prime Money Market Fund 4.9%
Total — 100.0% https://personal.vanguard.com/us/funds/ ... =INT#tab=2
What does the following quote mean?:
woodedareas wrote:However, if the return is so low I would consider doing nothing with my cash and let it sit until rates go up or if they go up.