Early 20's, setting up my first 401k (well, 403b). Apparently I don't know as much as I thought. Let me know if this isn't the best place to post, I found a couple similar posts but they didn't quite answer my questions.
I thought it would be much more straight-forward but I am actually a bit confused about the best course of action. Do I have to use the company my work uses (Transamerica)? The current default allocations are as follows:
Transamerica Default Allocations (with ticker and ER)
As it appears in their interface
Some of the ER seem high? And so many options/tiny allocations into seemingly random things? Wouldn't it be much simpler and make more sense to, for example, throw 10% into bonds, 70% into VEXAX and 20% into VTIAX? Or should I be doing something else considering there is no employer match? Thanks in advance for your insight.
Submitted January 02, 2017 at 01:16AM by PrimPup http://ift.tt/2iVjCmF
