Hey everyone! My wife has a meeting tomorrow with her investment adviser at her new job to setup her
401(k). At her prior job she was investing everything into a Vanguard target retirement 2045 fund.
With her new plan there is no option like that, and the options don't seem to be great (at least
compared to prior). Here is a list of funds along with associated expense ratios taken from
morningstar.
Stable Value:
Guaranteed Income Fund
Fixed Income:
American century ginnie mae inv - 0.53
AB High income advisor - 0.58
Prudential Total Return Bond Z - 0.58
Oppenheimer senior floating rate a - 0.97
Balanced:
American funds capital income bldr r4 - 0.67
Large Cap Stock:
Invesco diversified dividend y - 0.58
JPMorgan disciplined equity sel - 0.79
vanguard ftse social index inv - 0.27
vanguard value index adm - 0.09
american funds amcap r4 - 0.71
vanguard growth index adm - 0.09
Mid Cap Stock:
MFS Mid cap value r3 - 1.22
AB Discovery growth A - 1.04
Neuberger Berman Genesis TR - 1.10
Oppenheimer Main Stret Mid Cap Y - 0.84
Eaton Vance Atlanta Capital SMID-Cap A - 1.23
Small Cap Stock:
JPMorgan small cap value select- 0.99
JPMorgan us small company sel - 1.00
Franklin Small Cap Growth A - 1.20
Vanguard Small Cap value index admiral - 0.09
Eagle Small Cap Growth A - 1.11
Vanguard Small Cap growth index admiral - 0.09
International Stock:
Federated International Leaders Instl - 0.96
Delaware Emerging markets A - 1.69
Hartford International Small company y - 0.99
Specialty:
Fidelity Advisor Health Care I - 0.81
Goldman Sachs commodity strategy A - 0.88
Prudential global real estate Z - 0.97
Unfortunately there are only the 4 Vanguard options with a low expense ratio. What would be the best option for some of these other asset classes? Int'l stock, for example, has 0.96 as its lowest expense ratio! Obviously it won't be the whole portfolio, but is it even worth putting that in at that point? Some of the bond funds have a decent expense ratio at 0.55 and 0.58. We would not necessarily be opposed to putting it all into the 4 Vanguard funds, but would that diversify us enough? We can then change our IRA investments to balance it out more if necessary.
Also, we are in our early 30's and probably 20 years from retirement.
Thank you for the help! Please let me know what other info I need to supply.