I am surprised at how cash seems despised, even if it is really a money market fund. What the OP proposes is well within the bounds of a standard Boglehead portfolio.
If you have a million dollar 401k split into 60% total US stock market index fund and 40% stable value fund (or TIAA traditional in a 403b) or a Vanguard money market fund, that would be considered a conservative but normal asset allocation, which should be good enough to meet conditions for the usual 4% rule for sustainable withdrawals.
You can call it a safe form of bonds or "cash-like". You can take six of one or half-a-dozen of the other -- its good enough.
If you have a million dollar 401k split into 60% total US stock market index fund and 40% stable value fund (or TIAA traditional in a 403b) or a Vanguard money market fund, that would be considered a conservative but normal asset allocation, which should be good enough to meet conditions for the usual 4% rule for sustainable withdrawals.
You can call it a safe form of bonds or "cash-like". You can take six of one or half-a-dozen of the other -- its good enough.
Statistics: Posted by ReadyOrNot — Tue Apr 30, 2024 7:59 am — Replies 360 — Views 33358