Readjusting my portfolio percentages

[MrD]

ROTH IRA Balance (5k a year):

100% - VFIFX

(20% of Pre-Tax Income) 401k Balance:

35% - NT RUSSELL 3000 INDX
35% - NTGI SP500 EQ INDEX
20% - NTGI COLL EAFE INDX (international)
10% - NTGI AGGR BOND INDEX

(5% of Pre-Tax Income) Employee stock purchase program which gives a 15% discount. The company I work for has more than doubled in the last year and I truly believe it will continue to grow.

Age: 23
Retirement goal: 50-55

I am doing a rebalance in my Fidelity account on my 401k and want to reset everything to a good %, as when I first started with this company I had a terrible portfolio %. In my 401k I currently have 60% in company stock and the other 40% in a 2050 retiremenet plan index.

Any advice for what my 401k balance should be?

Also note that I will begin saving more once I find out my monthly expenses after moving. I recently just bought a house so I am not 100% sure what % of my income I can invest at this point but I am sure I can get closer to 40-45%.

[arebelspy]

Any advice for what my 401k balance should be?

As large as possible.

[MrD]

Any advice for what my 401k balance should be?

As large as possible.

I mean the actual balance.

Like:

X% in X
X% in X
X% in X

I currently have over 60% of my 401k in company stock which I now know to be stupid.

I am looking how to rebalance and make better decisions.

[arebelspy]

Ah.  This handy chart might help. (Click picture to enlarge.)

[MrD]

Ah.  This handy chart might help. (Click picture to enlarge.)

Thanks for this! Looks like I have some reading to do as I am not sure which each of my options fall into. There are only so many different things I can place my 401k money into as it through my company and Fidelity.

[James]

http://www.bogleheads.org/wiki/Three-fund_portfolio


I keep it simple, though I'm not saying this will provide the absolute best returns.  You might be able to slightly improve on it with some further diversity, but not by a whole lot.