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I know this is highly variable but was curious to see what % allocations others do with their 401k.
just now starting off contributing to my groups 401k. 38 yrs old, Anesthesia, private group with great options within 401k (at least I'm told this). Max 51k year.
essentially 90/10 ratio with the following breakdown:
40% vanguard Lg Cap (0.05), 20% vanguard mid cap (0.09), 10% vanguard small cap (0.09), 10% vanguard international (.14), 10% vanguard total bond (0.07%). These are all index funds.
remaining 10% is a T.Rowe Price fund that is essentially stocks but carries higher expense of 0.77. Other than I being in a health related field and partners telling me they've made a lot of $$ from this fund over the years I'm not sure why I chose it and price comparatively is much higher.
Since I'm essentially just now starting, I'm comfortable with 90/10 ratio. I've considered increasing my international percent to 20% and dropping the health fund, primarily b/c of expense ratio.
Appreciate any advice and recommendations.
CJ
just now starting off contributing to my groups 401k. 38 yrs old, Anesthesia, private group with great options within 401k (at least I'm told this). Max 51k year.
essentially 90/10 ratio with the following breakdown:
40% vanguard Lg Cap (0.05), 20% vanguard mid cap (0.09), 10% vanguard small cap (0.09), 10% vanguard international (.14), 10% vanguard total bond (0.07%). These are all index funds.
remaining 10% is a T.Rowe Price fund that is essentially stocks but carries higher expense of 0.77. Other than I being in a health related field and partners telling me they've made a lot of $$ from this fund over the years I'm not sure why I chose it and price comparatively is much higher.
Since I'm essentially just now starting, I'm comfortable with 90/10 ratio. I've considered increasing my international percent to 20% and dropping the health fund, primarily b/c of expense ratio.
Appreciate any advice and recommendations.
CJ
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