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re: 401K Question

Posted on 8/9/13 at 7:21 am to
Posted by Layabout
Baton Rouge
Member since Jul 2011
11082 posts
Posted on 8/9/13 at 7:21 am to
quote:

I'm only 25, so I'm able to take more risk. But when looking at the options of where I can move my money too, I'm not really sure which ones are the best options.


That's why the target fund may be a good choice for you. Initially, at your age, the fund assets are almost entirely in stocks. As you get older and your tolerance for risk decreases, the assets are moved into more conservative investments. Click on the 2055 target fund to get some idea of how the allocation changes.

LINK
Posted by tdavi48
NA
Member since Mar 2012
606 posts
Posted on 8/9/13 at 7:34 am to
That one looks real good, but it doesn't show as one of the options I can pick from. With Vanguard is that something I need to set up completely separate. Is that just a different investment plan, Roth Ira.... sorry just not sure about how some of this works.
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