I currently have a pension with around 15 years of service credit. I'm late 30s, hoping to retire around 55. I was holding SCHD for the last year or so, but figured to sell since I have the "safety nest" of a pension and would prefer for a more aggressive portfolio.
My current holdings in Roth (Schwab) are:
SWPPX (50%)
SCHG (30%)
SPMO (18%)
FBTC (2% lol)
Do any of these holdings make sense? I understand there's a ton of overlap but each fund has slight differences. Should I drop SPMO and buy more SCHG?
Should my roth just be 100% SCHG? Is SWPPX even needed?
*Note: I have a Roth 403b that is 100% invested in the S&P500. My taxable brokerage is about 40% VTI.
Roth IRA + Pension: Should I be more aggressive in Roth or consolidate?
byu/brown-ale ininvesting
Posted by brown-ale
1 Comment
I recommend just keeping the S&P500 fund and adding a 20-40% allocation to international. You have 3 different versions of US large cap growth. This has done well recently. Doing well recently does not suggest it will do the best going forward. If anything, reversion to the mean is likely to happen.