Still working allocations for moving mega corp 401K to Vanguard – I tend to get busy at work and life – pardon if I am repeating something from an earlier thread …
Am over 59 ˝ so I can rollover 100% of my 401K. I am assuming the next transfer from my pay and mega corps matching will start at the allocations I have on record. Then I can repeat the process as funds build back up - maybe even use as a reallocation tool?
My 401K allocation at mega corp is (have been doing some reallocation so I am a bit heavier in stable value and bond than usual):
- Stable Value 15%
- Bond 16%
- Large US Equity 39%
- Small US Equity 12%
- Emerging Markets 18%
I rolled over IRA funds from several managers to Vanguard about a year ago – it did simplify the management aspects a bit and the fees are way lower.
The fees on my mega corp 401K are pretty comparable with Vanguard – just not much selection – an index fund for small, large, international, emerging markets and retirement years.
Since the transfer of funds isn’t “timeable” should I roll over to like funds, or just into a liquid position and then allocate on market dips (just one strategy)?
Wife and I are 60 – good health – kids gone and don’t need help – have pension from mega-corp and military pension – and have some regular savings - so we can tolerate a bit of risk. I know allocation is a big topic and I have read zillions of threads with very valuable advice and food for thought – given our circumstances how much risk is reasonable inside the 401K? I’m not talking about going 100% REIT or Emerging Markets or anything like that, but do want to tailor for our situation.
Mega corp also has some of my compensation in a non-qualified savings excess plan account. Should I be allocating it differently than the 401K? I can’t take it out of company till I leave. Currently, it is allocated:
- Bond 33%
(also been doing some adjusting on dips - higher than it should be)
- Large US Equity 35%
- Small US Equity 11%
- Emerging Markets Equity 14%
- International Equity 7%
Please take a look and feel comfortable whacking me … I really appreciate the thoughts and comments from you all!