"Here is an example regarding Wellington.
My wife left her COJ and retired in Oct, 2014. She rolled her 401 K into Wellington. Beginning balance was $495,000. It is 100% in Wellington, dividends and gains reinvested and she has made no withdrawals from it. Last week when the market set a new record high, her account crossed the $1 M threshold and closed at $1,011,000. "
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
https://www.morningstar.com/funds/what-doubters-get-wrong-about-6040-portfolio
What the 60 percent stock portfolio and the 40 percent bond portfolio helps your portfolio