I am just learning about investing even though I am over 50 and have been working for a long time. From my years of employment, I have a lot of mutual funds and a managed investment account which I'll figure out how to deal with later. Baby steps.
For the past two years, I've invested the maximum in my employer's 403(b) account (27K/year; I'm over 50 and have the 15 yr rule).
I just found out that I can also invest in a 457(b) account as well. (another 24K/year). I only have December left for this year, so I'll put my whole paycheck in there for December, and then do 2K/month over the 2016 year.
Which funds? Fidelity is an option (the remainder of my employer's options are actively managed). The index funds in there are FXSIX (a large cap fund) and FSEVX (a small cap fund) and FSIVX (an international fund).
Next steps are to figure out how to get out of the actively managed funds in other retirement funds, invest my excess cash that is sitting in the bank (Vanguard index funds) and figure out how to simplify all of my 6 or so mutual funds that are actively managed.
TL;DR : 1) FXIX, FSEV, FSIVX (2) How does one consolidate a mess of mutual funds?