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Originally Posted by Effect
What are opinions about having two target funds in an IRA?
Like I said I currently have shares in T.Rowe Price's Retirement 2050 Fund. What about adding a lower target date fund such as perhaps 2010, 2020, or 2030? The asset allocation changes over time in target funds with the lower ones having more bond assets. Would it be a good idea to do that so that the IRA is a bit more stable in terms of it's value (going down less over time but actually increasing more)?
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Originally Posted by REWahoo
At your age, I'd suggest you stick with the 2050 fund and not worry about it for the next 5 or 10 years.
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I agree with REWahoo....at your age I'd just stick with the one for now.
I have two different TRP Retirement Funds.....a 2020 and a 2030. One is my Roth IRA, and the other is a Rollover IRA. I chose the two for the reasons that you are pondering.....a
little less volatility. The 2020 is 74.1% stock, and the 2030 is 85.6% stock. I'm comfortable with those percentages......I'm 51, so it's got
at least another 8.5 years to (hopefully) grow for me....probably longer though.