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I say odd because I am pretty sure it would be very difficult to populate an ETF with enough muni paper from one state all dated 2029. Portfolio 2 "hedges" ICE with CBOE. Portfolio 3 got a similar return to the S&P 500 with 25% in T-bills so it is a form of capital efficiency without using leverage.
The stock market has returned an average of between 9% and 11% over the past 90 years and that’s the kind of growth that you’ll need to tap into if you want to retire at 50. Your retirementplan shouldn’t be. Get in touch with an Independent Financial Professional to see if you're on track to meet your retirement goals.
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