My 401k was moved to Fidelity end of 2020.
My 401k AA is currently ~ 60% stock, 10% bond fund (FXNAX), and 30% in Stable value fund. Stable value fund returns ~1.5% annually, with 0.015% expense ratio.
18 months into retirement I have found that I only need 10% in Stable value to weather a prolonged downtrend, so I want to rebalance from Stable Value into bond funds to achieve an AA of 60% stock, 30% bond, 10% Stable value.
I know zip about bond funds.
FXNAX returns are ~ -1% YTD, 5.4% 3 Yr, 2.9% 5 yr, and 3% 10 yr.
My 401k bond fund choices are FXNAX, JCPUX, PHYQX, PRRIX.
Should I just transfer from SV into FXNAX to achieve the target AA, or are the other funds more appropriate.
I am not trying to time the move, just want to set the AA where it needs to be for me to ignore it.
My 401k AA is currently ~ 60% stock, 10% bond fund (FXNAX), and 30% in Stable value fund. Stable value fund returns ~1.5% annually, with 0.015% expense ratio.
18 months into retirement I have found that I only need 10% in Stable value to weather a prolonged downtrend, so I want to rebalance from Stable Value into bond funds to achieve an AA of 60% stock, 30% bond, 10% Stable value.
I know zip about bond funds.
FXNAX returns are ~ -1% YTD, 5.4% 3 Yr, 2.9% 5 yr, and 3% 10 yr.
My 401k bond fund choices are FXNAX, JCPUX, PHYQX, PRRIX.
Should I just transfer from SV into FXNAX to achieve the target AA, or are the other funds more appropriate.
I am not trying to time the move, just want to set the AA where it needs to be for me to ignore it.
