|
||||||
| Personal Finance Credit cards, home loans, retirement plans and taxes. The place for all your personal finance questions. |
 |
|
|
LinkBack | Thread Tools |
12-14-2011, 05:01 AM
|
|||
|
|||
401k Investment Elections Guidance
Hello -
I'm looking for advice on selecting my Fidelity 401k elections. I'm currently 32 and have approximately $77k in my 401k. I currently contribute 10% of my salary to my 401k. It seems the easy option is to put 100% of this contribution toward "Fidelity Freedom 2040," but I feel I will benefit more by splitting my contribution into other funds in addition too. At my age, I know I should have higher risk funds and then as I get older switch to less risky funds. Currently, 25% of my contribution goes toward the Fidelity Freedom 2040, then the rest is in Large Cap. I am hoping someone can provide some guidance as to what funds to select as I am somewhat clueless in this area. % Income ? % Large Cap ? % Mid Cap ? % Small Cap ? % International ? Large Cap ABF LG C AP VAL INV FID C ONTRAFUND FID DIVIDEND GR FID OTC PORTFOLIO SPTN TOT MKT IDX INV Mid-Cap ARTISAN MID C AP VAL FID LOW PRIC ED STK FID MID C AP STOC K MSIF MID C AP GRTH P Small Cap ALLNZ NFJ SMC PVAL AD NORTHERN SM C AP VAL ROYC E VALUE PLUS SER WFA SM C AP VAL INV International FID DIVERSIFD INTL INVS DEVELOP MKTS A Blended Investment Large Cap FID FREEDOM 2040 Bond Investments Stable Value FID MGD INC PORT Income AM C ENT GOVT BD INV FID NEW MARKETS INC INVS HIGH YLD INST PIMC O REAL RTN BD AD PIMC O TOT RETURN ADM Thank you in advance for advice and guidance! Mark 
|
|
12-14-2011, 08:19 AM
|
|||
|
|||
|
Quote:
IMO, you should either be 100% in Fidelity Freedom 2040 or 0%. Being 75% in a large cap fund and 25% in FF 2040 throws your allocations out of whack. I see you have Spartan Total Market Index in your line-up, I would be making use of that. It doesn't get much better than a total market index fund at a rock-bottom cost. I suggest something along the lines of: 40% Spartan Total Market Index 10% Royce Sm Value 25% Fid Diversified Intl 25% Pimco Total Return
|
|
12-14-2011, 08:54 AM
|
|||
|
|||
|
Thank you for your suggestions...
Would you then recommend an exchange from my existing funds to the new funds? Or I have an option to rebalance. My Existing (percentages are approximates): Large Cap ABF LG CAP VAL INV 1.3% FID CONTRAFUND 53% FID DIVIDEND GR 21% Mid-Cap FID MID CAP STOCK .3% International FID DIVERSIFD INTL .6% Blended Investment Large Cap FID FREEDOM 2040 23%
|
|
12-14-2011, 09:05 AM
|
|||
|
|||
|
Quote:
|
|
| Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
| Thread Tools | |
|
|
