Target Allocation vs Current Allocation

[GoodSteward]

I like messing with personal capital. This is what it says I need to do(see attached photo).

What I currently have are Vanguard index and target retirement funds. Surprised my 401k had some of these options. According to Personal capital, I'm too high risk. I'm 32.

These are the funds I can choose from. Bold are what I have at an even spread pretty much. Any suggestions?

Reliance MetLife Series 25157 Cl 0
Franklin US Government Secs R6
Metropolitan West Total Return Bond Fund
BlackRock High Yield Bond Inst
Vanguard US Value Inv
Vanguard 500 Index Admiral
Fidelity Blue Chip Growth
Alger Capital Appreciation Z
Wells Fargo Spec Md Cp Val R6
Vanguard Mid-Cap Index Adm
JPMorgan Mid Cap Growth R6
Victory Integrity Small Cap Value R6
Vanguard Small Cap Index Adm
Franklin Small Cap Growth R6
American Funds EuroPacific Growth R6
Vanguard Target Retirement Income Inv
Vanguard Target Retirement 2010 Inv
Vanguard Target Retirement 2020 Inv
Vanguard Target Retirement 2030 Inv
Vanguard Target Retirement 2040 Inv
Vanguard Target Retirement 2050 Inv
Vanguard Target Retirement 2060 Inv

[GoodSteward]

I know my target retirement was 2050, but I was going for earnings. lol

[Nutria]

This is your current allocation:

Equities: 90%
Bonds: 2%
Alternatives: 7%  (:confused: What does that mean?)
Cash: 1%

At your age, I'd have 10% in bonds. Whether to pull it out of Equities or "Alternatives" depends on the definition of "Alternatives".

But I think that the reason they call you Aggressive is because so much is in US Equities, and none International. (Not that I mind. All my foreign exposure is through "US" Large Cap equities that are really multinationals.)

If you like 90/10 (which I think is fine for someone your age), I would do:

60% Vanguard 500 Index Admiral
30% Vanguard  Mid-Cap Index Adm
10% BlackRock High Yield Bond Inst

[StormRichards]

I think Target funds are great for a hands off investor. However, if you like to manage your retirement accounts, then I think it is easier and better to stay away from them. I think you have better control of your allocations outside of the target funds.

I used to get those high risk warnings as well, and I ignored them because I knew I had a long time until retirement and could afford to take on the risk.

[GoodSteward]

I think Target funds are great for a hands off investor. However, if you like to manage your retirement accounts, then I think it is easier and better to stay away from them. I think you have better control of your allocations outside of the target funds.

I used to get those high-risk warnings as well, and I ignored them because I knew I had a long time until retirement and could afford to take on the risk.

That is why I didn't mind. Just wondered what you guys thought. It's funny, the current allocation would have made me more money since 1992 vs the target according to personal capital. So, even though it isn't as safe it proved to the better option for the last 20+ years. I only have 4 years in it, so I'll chug along with what I have.