▲ 23 r/justbuyveqt
De-Risking When Approaching Retirement.
I was thinking about a de-risking strategy using asset-allocation ETFs when approaching retirement. I’m curious to hear what the group thinks.
Strategy is as follows:
More than 15 years out from retirement: buy VEQT.
12-14 years out from retirement: keep existing VEQT while contributing new money to VGRO.
10-12 years out from retirement: keep existing VEQT and VGRO allocations while contributing new money to VBAL.
5-9 years out keep existing VEQT, VGRO, and VBAL allocations while contributing new money to VCNS.
Under 5 years out from retirement: keep existing allocations while building a cash wedge using CASH.TO or another high-yield savings ETF.
Once retired, convert all asset allocation ETFs to VRIF while keeping the cash wedge.
u/UrtyUrts — 11 days ago