Finally received my "plan" from Vanguard for my 401k rollover plus a small IRA I have at another place. Background I'm 35, married, wife is a teacher so she has a good pension plan, put 19% into my current 401k, 11% into wifes 403b, would like to retire by 55.
Initial plan from Vanguard:
32% Vanguard total stock market index fund
16% Vanguard total international stock index fund
11% Vanguard Morgan growth fund
11% Windsor II fund
10% Vanguard extended market index fund
20% Vanguard total bond market index fund
After my free consultation I asked about eliminating the bond fund as I'm fairly young and feel I would recover if something happened to the market by the time I retire. They came back with this:
40% Vanguard total stock market index fund
20% Vanguard total international stock index fund
14% Vanguard Morgan growth fund
14% Windsor II fund
12% Vanguard extended market index fund
Any comments on these recommendations? Let me know if you need more information from me.
Initial plan from Vanguard:
32% Vanguard total stock market index fund
16% Vanguard total international stock index fund
11% Vanguard Morgan growth fund
11% Windsor II fund
10% Vanguard extended market index fund
20% Vanguard total bond market index fund
After my free consultation I asked about eliminating the bond fund as I'm fairly young and feel I would recover if something happened to the market by the time I retire. They came back with this:
40% Vanguard total stock market index fund
20% Vanguard total international stock index fund
14% Vanguard Morgan growth fund
14% Windsor II fund
12% Vanguard extended market index fund
Any comments on these recommendations? Let me know if you need more information from me.