I live in Denmark, am 40 years old and expect to retire at 65-year-old.
My pension savings are €135,000, and every year I add €13,000.
My pension is currently invested in 100% stocks. Vanguard FTSE All-World UCITS ETF - (USD) Accumulating (VWCE)
https://www.ie.vanguard/products/etf/eq ... cumulating
In order to gradually reduce the risk, I would like to start holding bonds as well, but which bonds should I buy?
Vanguard Global Aggregate Bond UCITS ETF - EUR Hedged Accumulating (VAGF) is a good option, but are there other better solutions out there?
https://www.ie.vanguard/products/etf/bo ... cumulating
Is it best for me to only buy Danish bonds? Maybe Sparinvest - INDEX Stabile Obligationer KL A
https://www.sparinvest.dk/fondsoversigt/dk0060057487/
The Danish covered bonds market is probably pretty safe, unless there is a financial crisis.
The Global Aggregate Bonds fund is probably the best choice. Or a mix of the 2 funds.
A weighting of age minus 10% in bonds is probably appropriate, or a glide path to 50% bonds at age 65. Or you could just go to 40% bonds/ 60% equities and then ride that asset allocation.
Statistics: Posted by Valuethinker — Tue Nov 19, 2024 3:36 am — Replies 4 — Views 558