Currently my 401k with my employer and roth ira are both set to target retirement funds. I'm in my 20's and just started working and I contribute fully to the roth ira(maxed), but I only contribute 4% to the 401k even though the company contributes 8%. My first question is that should change either one of the 401k's or roth ira's portfolio to a more risky option instead of just target retirement. For example is the 401k I can allocate a percentage to each fund(target retirement fund, stock large cap growth, mid cap blend..etc.). I see better returns in the latter two, but obviously the target retirement was set to default for both 401k and roth, but I just want to know whether it's worth taking the risk. I have an idea of which sectors I think will do well in the year. However, with lawsuits and volatile trump, I'm not whether it's worth it to mess with the allocations. Appreciate any suggestions. Thanks
Submitted February 11, 2017 at 03:11PM by chrome24 http://ift.tt/2lAVMho
