Retirement Allocations

Q: Your recent "Investing During Retirement" article suggests retirees put 3-5 years worth of living expenses in a money market fund. Should this be considered part of the bond allocation?

A: Yes, the money market fund is a conservative income investment, and should be included with your bonds when determining your overall stock/bond portfolio allocation.

• Got a question or comment about this article? Discuss it on our Message Boards.