USTommy wrote:Which is a better choice for my situation?
I am looking at moving 100% to Life Strategy Conservative Growth or 50/50 Wellesley and Strategy Conservative Growth.
If you're going to use a balanced fund, using just one is better. Are all your assets tax-sheltered (401k, IRA)? When mixing taxable and tax-sheltered accounts balanced funds create complications.
The 3 or 4 fund portfolio is great for 30-50 year olds still accumulating but does it work for a retiree who must draw down some portion?
Will a 3 or 4 portfolio pay dividends that a retiree can use for living?