I have my Roth IRA approaching 6 figures in Vanguard Target Retirement 2050 (hope to FIRE at least 10-15 years sooner) mainly since it seemed to make sense when I opened it as a hands off fund that takes care of itself.
Now analyzing this fund more closely
https://investor.vanguard.com/mutual-funds/profile/VFIFX it's really mainly just 2 funds I already hold in my taxable:
Vanguard Total Stock Market Index Fund Investor Shares 54.40%
Vanguard Total International Stock Index Fund Investor Shares 35.60%
Vanguard Total Bond Market II Index Fund† 7.00%
Vanguard Total International Bond Index Fund Investor Shares 3.00%
I don't really have a set allocation in mind, but the rest of my portfolio is <5% International Index, and not holding Bonds anywhere else currently
Trying to decide if it's worth moving the Roth funds out of the Target and just putting them into Admiral Stock/Intl Indexes, mainly since the Target fund has 0.15% expense ratio (0.4%/0.11% for the Admirals), since exchanging funds within Roth can be done freely without creating any taxable events right
I don't plan to buy a home/vehicle or need major funds anytime soon, just currently pumping everything saved into VTSAX/VIGAX
hoping to hit 7 figure NW within 5 years and FI within 10-15