target2019
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
1. Assuming the funds are at Vanguard, you're thinking of exchanging the 2030 fund shares for more shares in the 2035 fund. The effect on the next 12 years will come from a shift of 6% in equities in that 12% of your portfolio. It will have a significant effect over 12 years. (I personally would accept that risk.) Essentially, more risk *should* bring more reward.This is accurate. My goal is to have the simplest, yet most profitable type of retirement account possible, something I can confidently ignore most of the time. I am very appreciative that I now know for sure that the guy from Schwab was hoping to lead me in a direction that was not best for me, but I'm still not sure if I should change what I've got or just keep it as is. If anything, I'm thinking maybe the 2030 fund should be merged into the 2035, since I don't plan to start accessing that for another 12 years, and maybe I should just leave everything else as it is? I did move some of my regular savings into a money market fund so hopefully it will earn more than the 0.0whatever it was making and when my CDs mature, I'll probably be able to make a better decision with that money too now.
I guess the other thing weighing on my mind as far as long term planning is that I'm thinking of changing my job situation since the stress is making me feel very unhealthy. If/when I do that, I'll need to roll my 401k over. I suppose I'll move the Roth part into my Roth IRA and the traditional part into my Vanguard 2035 tIRA.
I must say, it's really awesome to see people that don't even know me taking an interest and giving helpful input into my situation, especially since most of you are far better off than me, so thank you.
2. We have a new-to-this-analysis account, namely the 401(k). You could go back to the original table you posted, and add that fund(s) to the table. Then recalculate the percantages. What to do with the 401(k) after a job change is something for the future, but not a big worry right now. What is in the fund is worth thinking about, though.
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