No. of Recommendations: 0
I am 53 years old and want to retire at 60.
I want to put my retirement savings in something simple and safe.
What would be the downside of investing half in Vanguards Total Stock Market index and the other half Total Bond Market index and then forget about it?


I agree with your idea of keeping things as simple as possible for several reasons - especially for cost reduction. As far as a 50/50 split - there's really nothing wrong with that either if it fits your plan and allows you to sleep at night.

The only thing that I would suggest is that you take a look at some of Vanguard's "Target Retirement" Funds where you get most, if not all the diversification you really need in a single fund. The mix automatically changes to a higher bond fund exposure as you approach your targeted retirement year. You can't get much easier then that - a true "Feed-it-and-Ferget" Fund:

Or you might like the "Life Strategy" Funds better. They are also fund of funds which are well diversified, but the mix stays the same:

There are a bunch of ways you could go with your retirement savings, but your personal situation has it's own unique characteristics that only you can deal with. So, as always, we all have to be the final factor in what we decide to do.

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