Q: I am retired and am living on my pension and Social Security. At your recommendation I recently moved money that was in a 403B to Vanguard Wellington and Wellesley Admiral funds. I divided the money evenly between each fund. How often or when do I need to rebalance these funds?
A: I cannot speak directly regarding your situation without knowing more/all of the details of your financial situation, however, we would suggest annual rebalancing/reallocations for most investors at a minimum.