- 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
How should I allocate my 401k?
Posted on 1/26/25 at 9:13 am
Posted on 1/26/25 at 9:13 am
I have an employer 401k at Fidelity.
My current allocations are:
32% in Fidelity Contrafund
55% in NT S&P 500 Idx NL 4
5% in MFS Mid CP Growth CT
2.5% in NT Ext Mkt Idx NL 4
4.4% in TRP Retire 2035
I'm almost 50 and realistically will probably retire at 70. The majority of my money is in S&P Idx and the Fid Contrafund. Should I move the other money, which might be $20k in those other options(I basically stopped contributing to those, so that's what's just sitting there) to the S&P 500 Indx? Will that incur hefty fees that would not make it worth it?
I have 26 options. 13 of those are target year funds which I've learned here are not good.
3 of them are bond investment funds, which I'm assuming are for when I'm much closer to retirement age.
So that leaves me with 10 funds. Should I just put it all in the S&P index fund? I don't have VOO.
It's 3 large caps, 3 mid, 2 low and 2 Intl.
Please, any guidance is really appreciated
My current allocations are:
32% in Fidelity Contrafund
55% in NT S&P 500 Idx NL 4
5% in MFS Mid CP Growth CT
2.5% in NT Ext Mkt Idx NL 4
4.4% in TRP Retire 2035
I'm almost 50 and realistically will probably retire at 70. The majority of my money is in S&P Idx and the Fid Contrafund. Should I move the other money, which might be $20k in those other options(I basically stopped contributing to those, so that's what's just sitting there) to the S&P 500 Indx? Will that incur hefty fees that would not make it worth it?
I have 26 options. 13 of those are target year funds which I've learned here are not good.
3 of them are bond investment funds, which I'm assuming are for when I'm much closer to retirement age.
So that leaves me with 10 funds. Should I just put it all in the S&P index fund? I don't have VOO.
It's 3 large caps, 3 mid, 2 low and 2 Intl.
Please, any guidance is really appreciated
5
Posted on 1/26/25 at 9:32 am to Greenie10
quote:
I'm almost 50 and realistically will probably retire at 70.
So a 20 year investment?
Posted on 1/26/25 at 9:34 am to Greenie10
20 years, to me, would be all in lowest cost s&p index available
Posted on 1/26/25 at 11:22 am to Greenie10
Consider moving all of it to Contrafund.
At the very least, get your 4.4% the hell out of TRP Retire 2035. Those targeted retirement date funds are trash.
If it were me, literally what I did 3 years ago: keep 1/3 of it in Contrafund, move the other 2/3 to Brokeragelink, learn how the market works, learn strategies and options, learn a couple things the hard way, and grow your retirement at a far better rate than any of those funds.
At the very least, get your 4.4% the hell out of TRP Retire 2035. Those targeted retirement date funds are trash.
If it were me, literally what I did 3 years ago: keep 1/3 of it in Contrafund, move the other 2/3 to Brokeragelink, learn how the market works, learn strategies and options, learn a couple things the hard way, and grow your retirement at a far better rate than any of those funds.
Posted on 1/26/25 at 11:23 am to GEAUXT
quote:
20 years, to me, would be all in lowest cost s&p index available
That could depend on how much he's saved thus far.
Posted on 1/26/25 at 12:30 pm to Greenie10
I would also look at the expense ratio of different funds. A dirty secret is that 401k and 403b plans can have large fees associated with them.
Posted on 1/26/25 at 12:36 pm to Greenie10
50% HKRS
50% YAYO
50% YAYO
Posted on 1/26/25 at 7:40 pm to Naked Bootleg
Are there fees or penalties to moving money from one fund to another?
Posted on 1/26/25 at 8:48 pm to Greenie10
quote:
Are there fees or penalties to moving money from one fund to another?
No. You’d get a nastygram if you move money back and forth within a 30 day period, but no penalties for moving from one to another
Posted on 1/26/25 at 8:57 pm to Naked Bootleg
I just did this with GrokAI and my 401k portfolio options with Vanguard. I rebalanced myself at least every 6 months...
Fidelity has similar options for funds. Just have to cross reference.
For the record I'm already in what it suggests and have done very well in returns. I also hope to be done in 20-23 years.
Fidelity has similar options for funds. Just have to cross reference.
For the record I'm already in what it suggests and have done very well in returns. I also hope to be done in 20-23 years.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News