Kind of....Do you all count social security toward your target inflation-protected holdings? Suppose your goal is for 50% of your fixed income to be inflation protected (i.e., TIPS and/or I bonds). Once you start social security, would you reduce your TIPS and/or I bonds holdings in proportion to the present value of your social security benefit, so that TIPS + PV of SS = 50% of fixed income?
So in the years before I start collecting SS, the TIPS ladder has to account for all the inflation adjusted income.
But I don't do what you describe.
My LMP portfolio (all TIPS) has nothing to do with the risk portfolio and its bond allocation.
Because my LMP ladder is non-rolling, it will all be consumed, and thus I view it as an income stream, not part of a steady state bond allocation.
As it gets consumed, it also means I'm on a rising equity glide path.
Statistics: Posted by watchnerd — Sat Jun 01, 2024 11:30 pm — Replies 64 — Views 5774