I should probably put this in another forum category besides here, but your responses to my other posts was encouraging so I wanted to "find" you all again...(I'm a forum/computer illiterate so forgive me)
So I'm still trotting along over here trying to learn and I'm realizing I don't fully understand our current allocations :(
The breakdown on the 401K fidelity website states the following: Asset classes: 89.62% Stocks, 8.40 bonds, 1.98 short term investments (which I get) Also, the fees appear to be pretty low on these
But then the following:
HOLDINGS:
TARGET DATE 2035 49.43% - this is listed as unclassified in personal capital and I can't figure out how to list it between stocks and bonds
US LG CAP STK IDX 26.31%
EMERGING MARKETS STK 12.22%
US SMID CAP STK IDX 12.04%
Is this good enough to just have the overall 89% stocks, 8% bonds, 2% short term or do I need to figure out how to break this other list down more?
Also, we are contributing 20% with a 5.5% match in a T 401K...is that TOO much, should we divert some of that to the taxable account?
I'm still lamenting over what to do with the IRA's(transferring from american funds to vanguard) and what type of taxable account to open...any guidance/advice/opinions would be much appreciated.
TIA