brokemedstudent wrote:1. Obviously just from looking at the choices I have, it seems to behoove me to go with the Spartan funds due to their low ERs. That being said, would I be better off starting to slice and dice from the get-go by investing in both the Fidelity Spartan 500 Index and Extended Market Funds, or should I just go with Total Market?
letsgobobby wrote:Your proposed allocation looks good. What's preventing you from switching from your actual (heavy overweight in two individual stocks) to your proposed allocation now?
Cash wrote:brokemedstudent wrote:1. Obviously just from looking at the choices I have, it seems to behoove me to go with the Spartan funds due to their low ERs. That being said, would I be better off starting to slice and dice from the get-go by investing in both the Fidelity Spartan 500 Index and Extended Market Funds, or should I just go with Total Market?
Use the total stock market fund. No point in splitting between 500 and extended market. The U.S. bond index is the only other fund in your 403(b) that looks good. I'd split between those two and use your IRA and taxable for your international allocation (which I would recommend increasing to 40-50%).
LowER wrote:White Coat Investor just published on this very topic this morning.
brokemedstudent wrote:Hi guys,
Just thought I'd post an update on my portfolio status. I think I'm in a little bit of a rut right now with too much international in my portfolio. Trying to decide what best to go with next:
Emergency funds: $10k
Debt: $300k, interest rates vary between 6.8% and 7.9%. I anticipate a couple inheritances (~$50-100k) in the near future that I will put towards paying this down.
Tax Filing Status: Single
Tax Rate: 25% Federal, 5.25% State
State of Residence: MA
Desired Asset allocation: 80% stocks / 20% bonds
Desired International allocation: 20% of stocks
Current Retirement Assets: ~$13,000
403b at Fidelity
17% Fidelity Spartan U.S. Bond Index Fund (FSITX) (0.17%)
40% Fidelity Spartan Total Market Index Institutional Fund (FSKTX) (0.07%)
Roth IRA at Vanguard
43% Vanguard Total International Stock Market Index Fund (VGTSX) (0.22%)
New Annual Contributions (anticipated for June 2014-June 2015):
$10,000 his 403b (no company match)
$5,500 his Roth IRA
JPMorgan SmartRetirement 2010 Fund (JSWIX) (0.77%)
JPMorgan SmartRetirement 2015 Fund (JSFIX) (0.80%)
JPMorgan SmartRetirement 2020 Fund (JTTIX) (0.84%)
JPMorgan SmartRetirement 2025 Fund (JSNIX) (0.88%)
JPMorgan SmartRetirement 2030 Fund (JSMIX) (0.92%)
JPMorgan SmartRetirement 2035 Fund (SRJIX) (0.96%)
JPMorgan SmartRetirement 2040 Fund (SMTIX) (0.99%)
JPMorgan SmartRetirement 2045 Fund (JSAIX) (1.01%)
JPMorgan SmartRetirement 2050 Fund (JTSIX) (1.03%)
JPMorgan SmartRetirement Income Fund(JSIIX) (0.75%)
American Century Investments Mid Cap Value Fund (AVUAX) (0.81%)
Fidelity Contrafund Fund Class K (FCNKX) (0.63%)
Fidelity Growth Company Fund Class K (FGCKX) (0.77%)
JPMorgan US Equity Fund (JMUEX) (0.68%)
MFS International Diversification Fund Class R4 (MDITX) (1.10%)
Fidelity Spartan Total Market Index Institutional Fund (FSKTX) (0.07%)
PIMCO Total Return Fund Administrative Class (PTRAX) (0.71%)
American Funds New Perspective R6 Fund (RNPGX) (0.46%)
Columbia Dividend Opportunity Fund Class Z (CDOZX) (0.85%)
Fidelity Low-Priced Stock Fund (FLPKX) (0.76%)
Fidelity Small Cap Discovery Fund (FSCRX) (1.07%)
Franklin International Small Cap Growth Fund (FKSCX) (1.20%)
Goldman Sachs Small Cap Value Institutional Fund (GSSIX) (1.04%)
ING MidCap Opportunities Fund Class Institutional (NMCIX) (1.01%)
Janus Triton Fund Class I (JSMGX) (0.79%)
Oppenheimer Developing Markets Fund Class Y (ODVYX) (1.03%)
Fidelity Spartan 500 Index Advantage Fund (FUSVX) (0.07%)
Fidelity Spartan Extended Market Index Advantage Fund (FSEVX) (0.07%)
BlackRock Global Allocation Fund Institutional (MALOX) (0.88%)
Fidelity Strategic Income Fund (FSICX) (0.70%)
Lord Abbett Short Duration Income I Fund (LLDYX) (0.39%)
Fidelity Spartan U.S. Bond Index Fund (FSITX) (0.17%)
Fidelity Retirement Government Money Market Fund (FGMXX) (0.42%)
As of right now I have 15% of my paycheck being taken out to contribute to my 403b. 70% of that is going to FSKTX and 30% to FSITX. I feel like I want to reduce my contribution to my 403b (especially since there's no company match) and work on my Roth 2014 contribution by adding Vanguard Total Stock Market Index Fund (VTSMX) to bring my U.S. stock exposure to 40% and international down to 20%. Maybe I'll work on reaching the 5% TIPS goal through my IRA as I mentioned earlier. Thoughts?
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