I am using a three bucket investment strategy for my current retirement at age 75.
\#1: My IRA is invested in Vanguard balanced funds, including the target 2030 fund. Withdraw RMD's annually.
\#2: My after tax savings are invested in Vanguard's tax advantaged US Stocks and Global Stock funds, and Tax free bonds. About a 60/40 mix, equities to munis. No balanced funds in this brokerage account. Rarely sell or withdraw for 5 years, so capital gains are deferred, resulting in better growth and compounding to increase the balances for use in my 80's.
. #3: Two to three years of savings invested in money markets, CD's and treasury bills. Withdraw living expenses monthly. Replenish from brokerage accounts as needed but only in good market years. Comments are appreciated.