We have some funds in a 529 plan for our 3 kids, aged 13, 10 and 10. The portfolio as a whole is 80/20 with with equity split 80/20 US vs international. It's no where near what college will cost but it will be a big help.
I've read as many of the related threads as I can but I have trouble figuring out an asset allocation I am comfortable with, probably due to the shorter investment horizon. Also, the funds have performed well along with the rest of the market that I'm increasing thinking about taking some risk of the table. So like everyone else I'm balancing risk vs return.
I was thinking about reducing risk by moving another 10% out of equities. I noticed there is a TIPS option. Would you consider that appropriate either as a substitute for bonds or along side bonds?
Thanks.