After finally realizing how badly my target date retirement funds have underperformed over the last 5 years, 5 minutes of research showed that it's because of the fairly high allocation to a total international stock market fund (VGTSX). It seems international stocks have had basically zero growth over the last decade which has severely hindered the potential of my retirement accounts.
My knee jerk reaction was to exchange my TDR fund for individual funds with a heavier allocation in US stocks. But in thinking on it more, how likely is it really that the US will continue it's tear while the rest of the world founders? In the US we have been seeing the cracks beginning to show with high interest rates and a slowing job market. Will we be moving out of the spotlight in the near future? Wondering what other people thought about this and if there is substantial evidence pointing one way or the other? What do you think the move is as far as retirement account allocations for someone a ways off from retirement?
Submitted November 04, 2023 at 11:31PM by costcowaterbottle https://ift.tt/qPQL6f3
