The 60/40 Portfolio Is Dead — What Smart Retirees Do Now
Vanguard's shift from the traditional 60/40 model to a recommended 70% bond, 30% stock allocation for retirees is driven by three key factors. There is no universally correct answer. What works for Vanguard's average modeled client will not necessarily work for you. The 70/30 recommendation is a signal about the investment environment — not a directive.