Thanks Pete,

You said "So particularly if your kids held firm to 100% equities from 2000-2002 perhaps the thing to do is indeed to "hedge" them via your treasury investments rather than to "insist"  they buy bonds themselves ." Effectively neither of my kids where in the market as of 2000-2002 but my daughter-in-law was through the stock plan of her employer which did hold up well through it and at the moment her investments are most of their (son and her) investments and they are 100% in DFA equity. So to the degree that our inheritance account has the TIPS and Agency bonds (latter are coming out within two weeks), and half of that bucket will pass to them I guess one could say that I have "hedged" their investments. But it is the lack of any fixed income in her and our son's retirement plan contributions to T-C that concern me.  With the passage of time  my  "hedge"  as a  percent of their total investments will decline.

But you gave me a different perspective on this and I do appreciate your response.

Ray