Hey Mustachian experts, I recently started a new job and am wanting to change my 401k elections. The company automatically puts everyone in a target date retirement fund, but luckily they have Vanguard funds so I'm going to ditch the target date and go with Vanguard, but I want opinions on what you all would do.
A little background about my retirement funds:
I'm in the early stages of accumulation for retirement. I have 100% of my IRA money in VTSAX, the rest is in various funds from my previous work retirement accounts, but I will shortly be rolling that over into my VTSAX IRA. So for all intents and purposes, 100% of my retirement is in VTSAX.
Options to choose from in my new 401k:
VFINX Vanguard 500
VMFXX Vanguard Money market
VIMSX Vanguard Mid Cap
NAESX Vanguard Small Cap
VBTLX Vanguard total bond
Would you just go with all Vanguard 500? Or would you mix in some small and mid cap to try to replicate VTSAX? And what about throwing in a tiny percent of the total bond market?
I think I'm pretty golden with any option since I am at the beginning of my FIRE journey, but wanted to get some opinions.
Thanks!