mphilips wrote:One more question... if the target retirement funds don't offer the 40 / 60 allocation that I am looking for is there anything wrong with a mix of the target funds themselves. For example 60% VTENX and 40% VTINX creates an asset allocation that is very close to 40 / 60 ... It also includes 2 % in cash.
No, nothing, except that if you are going to do that maybe a better idea is to go back to just assembling separate funds, starting with a simple three fund portfolio. Note that being "off" by as much as ten percentage points doesn't make that much difference.
I haven't seen in the thread so far whether or not we are talking about all of your porfolio or just part of it, and what the breakdown is between taxable and tax preferred accounts.