Should we Invest in only one fund?

enthusiasticsaver

bostonerimus wrote: »

20% is a lot to have in cash unless some of it is working for you in something like a savings bond ladder. If you have regular income from pensions you could afford to have a smaller cash buffer, but if it helps you sleep better then that's a good argument for it.

Yes, it is slightly more than we ideally would like but we have filled our stocks and shares isas and sipps for this year, the market is high at the moment and I take early retirement at the end of this year so for that reason we are holding off until next April when we will put a further £40k away when we have a definite idea of how we will replace my pay and whether we will drawdown from the cash buffer or draw on my DB pension.

enthusiasticsaver

bostonerimus wrote: »

20% is a lot to have in cash unless some of it is working for you in something like a savings bond ladder. If you have regular income from pensions you could afford to have a smaller cash buffer, but if it helps you sleep better then that's a good argument for it.

Is a savings bond ladder where you have bonds all coming out at different times? We have £80k in National savings income bonds and the rate has just gone down to 0.75 so I am considering taking most of that out and saving £20k each in 1,2 and 3 year tranches for slightly higher income and keeping the remaining £20k accessible for this year.