I've always had a hard time with seeing my investment allocations across all accounts as a single approach... Instead I have retirement accounts at 90/10 (stocks/bonds), my taxable accounts that I may take $ out of for a house at 80/20, and here is where I'm getting into my question... 529 accounts are in moderate age based portfolios. Right now, this means that DD1, almost 10 y/o, is in a 50/50, and DD2, 7.5 y/o, is in a 62.5/37.5. I started these accounts 5 years ago in 2013, when they were ages 5 and 2.5, putting just a couple grand more in DD1s account.
DD1's account is:
$36,410 principal
$ 9,970 earnings
$46,380 total
DD2's account is:
$34,410 principal
$11,120 earnings
$45,530 total
I guess DD1 missed out on 2.5 years of a heavier stock allocation, which is a bummer. Anyone have any thoughts on whether I should adjust my approach, or just keep things as is? I guess I'm questioning it because I just selected the moderate age based option without much thought when I opened the accounts, and it just seems really conservative, but perhaps for a shorter horizon to drawdown and relatively short drawdown period, this is the right choice. Also, I feel bad that DD1 is missing out on gains... I guess the $2K head start I gave her is being eclipsed by DD2's more aggressive allocation. Or maybe I'm overthinking it all?