Re: Help me with my 401K?
I'm signed up with One America through AUL.
I'm 27 and have been in the program for a little over a year.
My allocations are:
MFS Value 15% (Large cap)
Fidelity VIP Contrafund 30% (Large cap blend)
Vanguard Explorer 20% (Small cap growth)
Thornberg International Value 35% (international blend).
The international fund is blowing up. Doing over 14% this year TO DATE. I just picked it up and dumped my S&P 500 fund because I assumed the S&P would top-off soon (looks like it is, having dropped over 400 points recently).
Of course this is a 401K so you don't have to alter your elections too often.
My company puts in 3% automatic. I add 4%. No match. Our year-end bonus is up to 7% of our salary in form of 401K contribution. It takes 3 years for me to be vested in the bonus allocations though.
My personal rate of return is 19.18% over the last year.
You should have been given a prospectus and it should pretty much lay out what kind of approach you need. You are still pretty young so you should go fairly aggressive. Not 100% stocks, though. You aren't THAT young.
Good luck.
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