Curious about what others think about portfolio allocation, I usually split my portfolio up between VTI (40%), VEA (25%), VOE (10%), VTV (10%), and VWO (15%) and then re-balance annually. I haven't put anything in BND with the thought process that most of my retirement income will be disposable and I can always scale down spending or maybe pick up part time work if the economy has a large crash. When I look at the correlation between SPY and BND, I don't really see much of an incentive other than curbing my losses a bit.
