Now, I will have access to multiple tax-deferred investment vehicles at work, including a 403b and 457 (both of which, I believe, I will be able to max out).
As neither of the work accounts are through Vanguard (there are, however, about 5 companies as options, so I am hoping there will be some good, low-cost, diversified funds), I will probably need to move away from a target retirement fund to a 3 fund or Vanguard 4 fund portfolio. I am a pretty logical person, so I don't believe that rebalancing the investments myself (vs a target retirement fund automatically doing it for me) will be "risky" in terms of me doing something drastic when I am rebalancing - i.e., something that does not align with my AA, e.g., in terms of large stock market losses.
I am fairly happy with the Vanguard target retirement AA of 90/10 stocks/bonds (I would, honestly, be happy with 80/20 as well, as my understanding is that performance of 90/10 and 80/20 has, historically, been fairly similar; 100/0 seems a bit "risky" as there would be an intrinsic "hurdle" when going from 0% bonds to x!=0% bonds at some future point, which I could potentially delay due to inertia for too long).
I noticed that the Vanguard target retirement funds use the 4 fund portfolio: https://www.bogleheads.org/wiki/Vanguar ... _portfolio
On the other hand, a lot of folks on this forum recommend the more traditional 3 fund portfolio: https://www.bogleheads.org/wiki/Three-fund_portfolio
My inherent bias, having to do with:
- my status quo (in the sum total of my retirement accounts which, to date, only encompassing a Roth IRA)
- Vanguard being more "expert" than I at investment planning
Any thoughts about the Vanguard 4-fund portfolio vs the traditional 3-fund portfolio? Any reasons NOT to go with the Vanguard 4-fund portfolio?