My new position is salaried and my company offers 6% match. No one in my family has ever had a 401k so this is all new to me . I've found some good information but just wanted to get reassurance. I will be maxing out the 6% match and any other savings I will use to pay off some high interest debt first before increasing my 401k contribution. I'm currently 26 and gross income ~ 90k.
I was looking at target date funds, but was told its either best to do 100% or nothing with target date funds. Any helps appreciated!
My Fidelity Investment Options are:
Asset Class: Stocks
American Funds EuroPacific Growth Fund Class R, Net ER 0.510
Fidelity Growth Company Fund- Class K, Net ER 0.750
Jennison US Small Cap Equity Fund, Net ER 0.637
Northern Trust Daily Russel 2000 Equity Index Fund, Net ER 0.020
Spartan 500 Index Pool Class D , Net ER 0.010
Vanguard Russel 1000 Value Index Trust, Net ER 0.030
Vanguard Total International Stock Index Fund Plus Shares, Net ER 0.070
Asset Class : Blended Funds
Fidelity Puritan Fund Class K, Net ER 0.45
T. Rowe Price Retirement 2005, net ER 0.38
T. Rowe Price Retirement 2010, net ER 0.38
T. Rowe Price Retirement 2015, net ER 0.38
T. Rowe Price Retirement 2020, Net ER 0.38
T. Rowe Price Retirement 2025, Net ER 0.38
T. Rowe Price Retirement 2030, Net ER 0.38
T. Rowe Price Retirement 2035, Net ER 0.38
T. Rowe Price Retirement 2040, Net ER 0.38
T. Rowe Price Retirement 2045, net ER 0.38
T. Rowe Price Retirement 2050, net ER 0.38
T. Rowe Price Retirement 2055, net ER 0.38
T. Rowe Price Retirement 2060, net ER 0.38
Asset Class: Bonds
Fidelity US Bonds Index Fund, Net ER 0.025
Galliard Fixed Income Fund, Net ER 0.280
Asset Class: Short Term
Vanguard Federal Money Market Fund Investor Shares, Net ER 0.110
Thanks again. Appreciate all your help!!
Submitted August 11, 2020 at 05:32PM by DP_DP_DP https://ift.tt/2DCdaRQ
