DH should be getting an pension when he retires from the military, and that would be inflation adjusted. He's only a few years out and has orders to get him to 19.5 years, so this is a fairly certain thing. He starts collecting the day he retires from the military, not at 60, if that matters. Mentally, I sort of put that in the same category as bonds when thinking about our stache and our allocation, though they specific type of bond is fuzzy and vague. :lol TIPS? Government and higher grade corporate Bonds? Right now my target allocation is about 13% bonds, based on somewhat arbitrarily picking a number :lol that is less than the 40 of the Boglehead's 3 fund portfolio, which I don't follow exactly but I use as a starting point.
I'm wondering what others who have or can reasonably expect an inflation-adjusted pension do as far as portfolio allocation. The standard 40/20/40 of a the basic 3 fund portfolio seems way too bond heavy based on the pension. What says the MMM hive mind?