J.P. Morgan suggests for me...

31 yrs left to retire and they saying 15% fixed income???? frick that. At the most you should have maybe 3% fixed income right now , at the most.

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At the most you should have maybe 3% fixed income right now , at the most.

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Disagree. One might do well to have some short-term bond exposure.

Dp

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31 yrs left to retire and they saying 15% fixed income???? frick that. At the most you should have maybe 3% fixed income right now , at the most.

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agree. makes ZERO sense to have 15% in bonds, especially at current rates.

their proposal is a low risk, low return portfolio that will under-perform the market 90% of the time. at 31, I would be 100% in stocks.

while it is conventional wisdom to always have some bonds in one's portfolio, historical performance does not support that view.

"Stocks had risen more than bonds over every 30-year period from 1861, according to Jeremy Siegel, a finance professor at the University of Pennsylvania’s Wharton School in Philadelphia, until the period ending in Sept 30" written in 2011.

old article (2011), but relevant historical data

since the market has rallied since 2011, I'd think that recent 30 yr period is now back to stocks outperforming.

Just go with a target fund.

I've gone with one that is approx. 10 years after I'd like to retire to be a little more aggressive. Vanguard 2060, specifically, and will retire in 2050 or sooner.

Isn't it likely that a target fund would have similar allocations and still charge you more in operating expenses?