- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
401K Allocation Advice
Posted on 10/3/14 at 4:38 pm
Posted on 10/3/14 at 4:38 pm
First off, I apologize for the obnoxiously large picture. I wasn't sure how else to communicate this information effectively.
I am looking for any advice, general or specific, as to what the ideal allocation for my 401k should be. I would like to be pretty aggressive. On a scale of 1 to 10, probably about a 9. I wont need to touch this money for at least 30 years.
This is a company 401K, so these are my only options unfortunately. Thanks in advance for any help.
ETA: If it helps, you can right click on the image select "view image" to make it larger.
I am looking for any advice, general or specific, as to what the ideal allocation for my 401k should be. I would like to be pretty aggressive. On a scale of 1 to 10, probably about a 9. I wont need to touch this money for at least 30 years.
This is a company 401K, so these are my only options unfortunately. Thanks in advance for any help.
ETA: If it helps, you can right click on the image select "view image" to make it larger.
This post was edited on 10/3/14 at 4:40 pm
5
Posted on 10/3/14 at 9:09 pm to TigerDeBaiter
How much are you looking to put in every month?
Posted on 10/4/14 at 12:25 pm to RebelOP
About $600/month. I have a small chunk in there already.
Posted on 10/4/14 at 5:12 pm to TigerDeBaiter
If you want to keep it simple, yet effective....put it in a Target 20XX(whatever year you are looking to hang it up) fund. Will keep it growth oriented and reward you for being in the market in your youth, yet scale back the risk (less stocks, more bonds and cash) when you get closer to needing the money.
Also put it 15%! Period! Get used to not having that money now so you can have money later when you'll really need it to work for you.
Also put it 15%! Period! Get used to not having that money now so you can have money later when you'll really need it to work for you.
Posted on 10/5/14 at 9:54 am to TigerDeBaiter
Might as well just use the target date because the other funds are garbage with high fees. I have a similar problem with my options.
Posted on 10/5/14 at 4:20 pm to TigerDeBaiter
I can't see what your options are, but my general rule is to stick primarily with the index funds...they grow with the economy and management fees are low....
Posted on 10/5/14 at 5:06 pm to tes fou
That's what I have done for the most part. I put a small allocation in the real estate and tech funds too.
Posted on 10/5/14 at 7:17 pm to TigerDeBaiter
quote:
That's what I have done for the most part. I put a small allocation in the real estate and tech funds too.
fwiw, the advice that the others gave is pretty good as well...the target funds are typically good for folks that don't want to (or can't)manage their money....
another way to do it is to pick a fund or two from each category (i.e. large cap, small cap, international, stable value, etc.) and put a certain percentage in each one...as you get older, you start shifting money from the riskier funds (i.e. small cap, international, etc.) to the safer stuff (i.e. large cap, bond, stable value, etc.)....
you can probably google up some suggested ratios for each age range...
Posted on 10/5/14 at 8:02 pm to TigerDeBaiter
they should be arrested for charging those fees...only put in up to the match and then head on over to a lower cost company...holy sniekies...
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News