I’m 24, have 30k in my Roth IRA currently, just switched over to fidelity from thrivent due to the 1% quarterly fees, and they recommended I use this. I’ve seen it’s not as aggressive as should be at this age. Haven’t placed the order yet, will go through tommorow. I think I might instead do:
70% FZROX
30% FZILX
OR
70% FXAIX
30% FZILX
Let me know your thoughts 🙂
Was recommended by fidelity 100% of Roth into FDKLX
byu/Mad_Max0515 ininvesting
Posted by Mad_Max0515
4 Comments
Have you considered FSKAX?
I just do 100% FZROX in my roth, but you do your allocation to what you feel is best. I have many more decades of investing before retirement so I’m gonna go 100% in this for at least another 2 decades before I switch my percentage up to something like bonds or international.
> I’ve seen it’s not as aggressive as should be at this age.
Based on…?
It’s a target date fund based on your anticipated retirement age. Perfectly fine if you want to keep it on autopilot for the next 10-20 years. At your age, spending the extra energy to up your income or increase your savings rate will have a better ROI than optimizing your asset allocation.