Time to suck up the pride...I'm an idiot when it comes to understanding investment options and strategy. I'm hoping not to stay that way for long, but I could sure use some advice on how to distribute funds in our portfolio.
My wife and I have identical investment options - same employer, same plans. We've each got a 401(k), 401(a) and 457(b). We're contributing the maximum each year.
We're 5.5 years from ER - we'll both be 50. We've both got decent pensions, but they won't kick in until 54. Our plan is to rely fairly heavily on the 457(b) from 50-54, given the ability to withdraw with no tax penalty.
Given the pensions and length of time until we'll withdraw from the 401(k) and 401(a) plans, we're fine assuming a fair amount of risk with those. However, I'm wondering if we should allocate things differently in the 457(b) plans, given the need to start accessing them sooner, and the reliance we'll have on those funds for the first 4 years.
Our current combined balances and distributions are below. My guess is, I went way overboard on the bond fund (PTRAX), probably in all plans. Basically, I mixed and matched from the only Morningstar 5 Star funds available to us....please be kind with your observations.
401(a): $67K
35% H & W MID CAP VAL I (HWMIX)
35% DODGE & COX STOCK (DODGX)
30% PIMCO TOT RETURN ADM (PTRAX)
401(k): $135K
35% H & W MID CAP VAL I (HWMIX)
35% DODGE & COX STOCK (DODGX)
30% PIMCO TOT RETURN ADM (PTRAX)
457(b): $103K
25% H & W MID CAP VAL I (HWMIX)
75% PIMCO TOT RETURN ADM (PTRAX)
_________________________________________________
Below are the investment options available to us through Fidelity Netbenefits.
Stock Investments
Large Cap
AM CENT SELECT INV
* DODGE & COX STOCK
FID BLUE CHIP GROWTH
VANGUARD INST INDEX
Mid-Cap
CALAMOS GROWTH A
* H & W MID CAP VAL I
MUTUAL BEACON Z
Small Cap
ARIEL FUND
HEARTLAND VALUE
NB FASCIANO INVT
International
TEMPLETON FOREIGN A
Blended Investments
FID BALANCED
FID FREEDOM 2000
FID FREEDOM 2005
FID FREEDOM 2010
FID FREEDOM 2015
FID FREEDOM 2020
FID FREEDOM 2025
FID FREEDOM 2030
FID FREEDOM 2035
FID FREEDOM 2040
FID FREEDOM INCOME
VANG WELLESLEY ADM
Bond Investments
Stable Value
FID MGD INC PORT II
Income
* PIMCO TOT RETURN ADM
My wife and I have identical investment options - same employer, same plans. We've each got a 401(k), 401(a) and 457(b). We're contributing the maximum each year.
We're 5.5 years from ER - we'll both be 50. We've both got decent pensions, but they won't kick in until 54. Our plan is to rely fairly heavily on the 457(b) from 50-54, given the ability to withdraw with no tax penalty.
Given the pensions and length of time until we'll withdraw from the 401(k) and 401(a) plans, we're fine assuming a fair amount of risk with those. However, I'm wondering if we should allocate things differently in the 457(b) plans, given the need to start accessing them sooner, and the reliance we'll have on those funds for the first 4 years.
Our current combined balances and distributions are below. My guess is, I went way overboard on the bond fund (PTRAX), probably in all plans. Basically, I mixed and matched from the only Morningstar 5 Star funds available to us....please be kind with your observations.
401(a): $67K
35% H & W MID CAP VAL I (HWMIX)
35% DODGE & COX STOCK (DODGX)
30% PIMCO TOT RETURN ADM (PTRAX)
401(k): $135K
35% H & W MID CAP VAL I (HWMIX)
35% DODGE & COX STOCK (DODGX)
30% PIMCO TOT RETURN ADM (PTRAX)
457(b): $103K
25% H & W MID CAP VAL I (HWMIX)
75% PIMCO TOT RETURN ADM (PTRAX)
_________________________________________________
Below are the investment options available to us through Fidelity Netbenefits.
Stock Investments
Large Cap
AM CENT SELECT INV
* DODGE & COX STOCK
FID BLUE CHIP GROWTH
VANGUARD INST INDEX
Mid-Cap
CALAMOS GROWTH A
* H & W MID CAP VAL I
MUTUAL BEACON Z
Small Cap
ARIEL FUND
HEARTLAND VALUE
NB FASCIANO INVT
International
TEMPLETON FOREIGN A
Blended Investments
FID BALANCED
FID FREEDOM 2000
FID FREEDOM 2005
FID FREEDOM 2010
FID FREEDOM 2015
FID FREEDOM 2020
FID FREEDOM 2025
FID FREEDOM 2030
FID FREEDOM 2035
FID FREEDOM 2040
FID FREEDOM INCOME
VANG WELLESLEY ADM
Bond Investments
Stable Value
FID MGD INC PORT II
Income
* PIMCO TOT RETURN ADM