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re: Company sponsored Vanguard 401(k) plan question...

Posted on 7/18/13 at 1:05 pm to
Posted by ZereauxSum
Lot 23E
Member since Nov 2008
10176 posts
Posted on 7/18/13 at 1:05 pm to
I think it's a good idea if you prefer to be hands off. My retirement is in T-Rowe Price's 2045 and 2040 funds.

Some folks here might argue that they don't do a good job adjusting your risk as you get closer to retirement, but I feel like I have plenty of time to educate myself so I can do the steering one day.
Posted by Teddy Ruxpin
Member since Oct 2006
39631 posts
Posted on 7/18/13 at 1:18 pm to
quote:

Some folks here might argue that they don't do a good job adjusting your risk as you get closer to retirement, but I feel like I have plenty of time to educate myself so I can do the steering one day.


Ya, if you don't like the stock/bond mix in say, your 2050 plan, you could always just move into the 2045 or 2040 plan which would be heavier in bonds than the 2050 plan. Just because you want to retire in 2050 doesn't mean you have to buy that one.

That's if you want to stay in one of these targeted retirement funds at all.
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