Recently came across a blog site looking at Sustainable Withdrawal Rates (SWR), and the proportion of equity:bonds in investments over time (https://earlyretirementnow.com/2020/11/09/what-is-wrong-with-target-date-funds/)
The argument is that the conventional rule of thumb as I understand it (i.e reducing equity:bond ratio with age) is not as an effective strategy compared to a “bond tent” (i.e. shift more into bonds before retirement as normal, but then quickly shift out of bonds again, to 80 or 100% equity, in retirement).
Has anyone come across this, or uses this themselves? I would love to know the community’s opinion.