Retiring May 2014 and will have 30 months till beginning Social Security at full retirement age of 66. With savings and deferred compensation from present job, will have enough income to cover expenses for that time period so that I will not have to touch retirement 401K before beginning Social Security in October 2016.
My goal is to have retirement 401K grow as much as possible in the next 30 months before beginning withdrawals.
Presently have asset allocation of $75%stocks/25%bonds in 401K. Would like to hear opinions on changing to 100%/0% till beginning Social Security in 2016, keeping same asset allocation or decreasing % of stocks.
Will be investing 401K in Vanguard funds.