That makes sense. I just started a personal capital account to get a quick view of our current asset allocation. Our investments are (roughly) at 60% US stocks, 27% int'l stocks, 5% US bonds, 3% int'l bonds, 5% cash/alternatives. (We do have more cash than this that is earmarked for investing). I guess we'll do a similar ratio in the 403b, maybe 95%/5% stock/bond.