Hi all,
After reading up on how fees can negatively affect returns, I think it's time to change the allocations in our 401(k)s. This is the first one I'm looking at.
I show the current allocations in the first attachment, and the options with fees <= 0.5% in the second attachment. Let's assume age 55 with 12 years left in the workforce.
The current fees are:
FSNQX 0.61%
NRGSX 0.75%
VSMAX 0.05%
VEIRX 0.18%
I'm not too happy with FSNQX and NRGSX.
What would you suggest for a new allocation? I tend to go for more rather than less risk, but we're not talking Las Vegas risk, either.