u/holymolyratio

My parents have never invested before and I finally got them to make a self-directed investment account. They are about 12 years from retirement. I feel like XBAL is more appropriate due to their lower overall risk tolerance as XBAL is a 60/40 split.

But I'm also contemplating moving their funds to XEQT for about 6 years and adjusting their portfolio in the later years as they reach closer to retirement.

Any thoughts?