GoodSense
Full time employment: Posting here.
- Joined
- Jul 2, 2007
- Messages
- 678
It seems like there have been quite a few threads on this subject lately, although everyone has a different situation and pool of funds to choose from. In a few weeks I will be eligible to enroll in my company's 401(k). I'd like to get some feedback on my AA.
Basic stats: 30 y.o., would like to retire by 50 or 55. Currently have 457(b) with ING and some funds in Vanguard. New company only has limited choices with Fidelity. I have never owned any Fidelity funds before.
My personal belief is that the US's dominance in the world market will go down in the future. I would like my asset allocation to be:
Domestic Equity= 50%
Intl Equity= 30%
Bond= 20%
I like the idea of "target retirement date" funds, but I feel that the mix is too US-oriented. For example, 65% of the Fidelity Freedom 2035 fund is in US equities, while international equities only comprise of 17%, the rest being bonds.
So I think I'd like the following asset allocation:
Fidelity Freedom 2040 - 75% of 401(k)
--> This includes 50% in US equities, 12% in foreign equities, and 13% in bonds
Fidelity International Discovery - 17% of 401(k)
Fidelity Total Bond - 8% of 401(k)
In my overall portfolio, I'd like 5% in REIT Index and 5% in some other fund (perhaps commodity index, just to mix things up). But they are not choices for the 401(K).
My allocation seems a little too simple, so I'm wondering if I'm missing anything. Please advise.
Basic stats: 30 y.o., would like to retire by 50 or 55. Currently have 457(b) with ING and some funds in Vanguard. New company only has limited choices with Fidelity. I have never owned any Fidelity funds before.
My personal belief is that the US's dominance in the world market will go down in the future. I would like my asset allocation to be:
Domestic Equity= 50%
Intl Equity= 30%
Bond= 20%
I like the idea of "target retirement date" funds, but I feel that the mix is too US-oriented. For example, 65% of the Fidelity Freedom 2035 fund is in US equities, while international equities only comprise of 17%, the rest being bonds.
So I think I'd like the following asset allocation:
Fidelity Freedom 2040 - 75% of 401(k)
--> This includes 50% in US equities, 12% in foreign equities, and 13% in bonds
Fidelity International Discovery - 17% of 401(k)
Fidelity Total Bond - 8% of 401(k)
In my overall portfolio, I'd like 5% in REIT Index and 5% in some other fund (perhaps commodity index, just to mix things up). But they are not choices for the 401(K).
My allocation seems a little too simple, so I'm wondering if I'm missing anything. Please advise.
.
