re: Do I have my 401k% in the right funds?

I’m not a fan of the 2045, but overall this is a solid allocation. Low cost index funds are the best choices for long term growth. Total market and s&p 500 are great choices.

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did you dump EJ yet? if not that is not learning.




No.

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I need someone to manage my stuff and I like the guy.

They came out with a lower cost program a while back and I waited until that became available until I invested with them.

I’ve got 15% going into my 401K with 5% company match. Backdoor a Roth for the max so my total contributions are $22,500 to $23,000 a year.

Then I have a couple of CD’s getting 5.15% right now

My 401K and Roth are in FXAIX, vanguard small cap, and a blended fund with the majority in FXAIX. I’m also in my 40’s

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Company Stock 33%


That’s a pretty big portion of your overall account. I would limit this to maybe 10%.
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I get the logic, but I would not advise this without more context. Many years ago I was very heavy in company stock that blew the roof off. This catapulted me into serious money. Just saying.

I worked for a publicly traded company for about a decade from 2002-2012. They matched us in company stock and at the time it was $25-35'ish per share. It's $296 now.

I think between the wife and I we are about $42,000 to $44,000 a year between our 2 401k’s and the Roth. I can’t play with stocks because I suck at them. Like I’ll put 10k into E*trade and run it down to $900

I guess I could buy certain stocks and just leave them there but I prefer something that I just can’t touch myself or a fund to leave it in. If I put it in a fund it would need to be something different than what I have already.
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You obviously have learned to spend less than you make, so you are going to be fine. This discipline is more important than being a great stock picker. Cudos.

A strategy that worked for me was to use several broad index funds for my 401/IRA contributions, then use a "play" account over the years of individual stocks. Play account was normally about 10% of my stock market money. The play account kept me an interested student of stocks. I was still a buy and hold guy in my play account, but would change the mix at times, and added money several times per year. I jumped in to the can't miss stocks of the day like Apple, Google, Amazon and let the money grow into some nice amounts over time.