Let's use a scale of 1 to 10 for risk (market, inflation and principal risk) to give you my opinion on riskiness.
Inflation risk: 7
Market risk: 5
Principal risk: 5
With 50% of your portfolio in domestic stock, to me, the main risk you have is domestic American stock underperforming the next 20 years (inflation risk).
Your international at 19% is a hedge on that somewhat though, which is why you aren't at a 10.
Personally, I think you are overdiversified.
You have about $31,000 in retirement. . .IMO, the maximum number of sectors/funds you should own should be 3. Or you can just shove them all into Vanguard 2045.
I know the forum hates to liken investing to gambling but sometimes the analogy holds up. . .you spread your chips all over the roulette table and you aren't going to win anything.
Now. . .you have another $5000 sitting in a mutual fund that's not earmarked for anything. . .this should be in a tax efficient fund or ETF that's blended, if this is for a house or something.
|