We moved my mom's 401k funds to a money market mutual fund back in 2019. While we didn't experience the Covid shock, however, we were left out from the Covid gains. Yes, we have learned our lesson especially Bogle's recommendation on asset allocation. Her account balance is close to $150k. Should we invest a portion of her assets in S&P 500 index fund or a target-date fund? She plans on taking retirement at 65 but we won't withdraw funds until the RMD is required. Long term plan is to move the 401k to a traditional IRA account. Any feedback is much appreciated!
Submitted September 27, 2021 at 09:47AM by R2D2isgoingWILD https://ift.tt/3ugSIvA
