I started my first job not long ago. The company offers a pretty generous (I think?) 401K matching: 44% of my personal contribution. So I’ve been maxing out my contribution for every pay check.
By default, all contribution is put in “Vanguard Target Ret 2060.” There are different options, but I’m not sure which ones to choose. I tried to research the stats associated with each option, but with 0 investment background, I’m still not confident enough to make any adjustments.
Is it a good idea to put 100% of my 401K into 1 plan like Vanguard Target Ret 2060? How should I choose from so many different options? Are there any good resources for people like me who have no idea what the are doing?
Thanks!
Submitted April 12, 2020 at 09:25PM by Cocoa_pod https://ift.tt/2XHhFCj