Once the $ amount of bonds equals a comfortable number, then all future contributions go to stocks (whatever your desired US/Int'l split is). My "comfortable number" for example would be that my emergency fund plus bond holdings equal 1-2 years' worth of expenses--in the event we are faced with a situation where our emergency fund is not sufficient, we would have our bond "backup" emergency fund... The emergency fund for our emergency fund, to be replenished when we are back on our feet and the market recovers (and stocks are "full price" again).
- From then on, the only additional contributions to bonds are just to keep your $ amount of bonds up with inflation/lifestyle creep. Assuming bonds roughly keep up with inflation, likely no additional buying of bonds during the majority of the accumulation phase. In fact, you may even be selling some to buy more stocks.
- From then on, the only additional contributions to stocks are just in accounts where buying bonds doesn't make sense to you (perhaps Roth IRAs, taxable accounts).
This is by no means my actual plan--just a fun idea I came up with and was curious how Bogleheads will take it apart. After writing it out and rereading, it's kind of like paying off/overpaying your debts before you begin investing--100% focused on one thing at a time rather than doing it all at once. Some might find it interesting while others might find it ludicrous. Thanks for any input!