Help with Portfolio

[Outdoorsygal]

Here are the funds if anyone has any ideas. I know I am asking alot so it is fine not to reply. I think I want to invest in low cost index funds but this seems a crappy list to me??

I see some for $1 and am leaning towards those except the man who gave the talk at our 401k meeting today charges 1.5% fee whatever that means. I see no S&P500 index funds though he mentioned that specifically

I will be at the company for 5-7 yrs. Want to begin taking the $$ out at age 54-44 (year 2024) when I quit then keep it in our house somewhere. We will be flipping houses, fixiing them up instead full time

http://i1149.photobucket.com/albums/o593/Melissa_Coupas/Screen%20Shot%202017-01-25%20at%209.33.43%20PM_zps0lithxpn.png

http://i1149.photobucket.com/albums/o593/Melissa_Coupas/Screen%20Shot%202017-01-25%20at%209.33.28%20PM_zpsbiurkn2f.png

[Petunia 100]

Since you want to be fairly conservative, I suggest you take a look at the Vanguard Conservative Growth Fund. It is a "fund of funds", meaning that it is a mutual fund which is a combination of other mutual funds. In this case, it is made up of Vanguard index funds, and is 60% bonds and 40% stocks. It holds both US and international securities. It is broadly diversified and has a very low cost. It is a complete portfolio all by itself; you wouldn't need to invest in any other fund.

You can read more about it here: https://personal.vanguard.com/us/fun...tExt=INT#tab=0

[Outdoorsygal]

Petunia Thank you!

[feh]

I will be at the company for 5-7 yrs. Want to begin taking the $$ out at age 54-44 (year 2024) when I quit then keep it in our house somewhere. We will be flipping houses, fixiing them up instead full time]

You can't touch 401K money until your are 59.5 (without penalty).

[Jluke]

I see no S&P500 index funds though he mentioned that specifically

VFIAX is S&P 500

I did see FFNOX (4-in-1 fund). That can be used as a one and only fund to invest in.

any chance you can copy paste the funds in the box, rather than the pics? You also want to list the fees for each. 1.5% is steep.

[feh]

VFIAX is S&P 500

I did see FFNOX (4-in-1 fund). That can be used as a one and only fund to invest in.

any chance you can copy paste the funds in the box, rather than the pics? You also want to list the fees for each. 1.5% is steep.

1.5% is completely unacceptable.

[Nutria]

The $1 fund is essentially a savings account where the fund price stays the same but the number of shares you own varies over time.

feh is right about age 59 1/2. Thus, heavy 401(k) contributions might not be right for you. (Still, always do just enough to get the match.)

Roth might be the way to go.

[Petunia 100]

You can't touch 401K money until your are 59.5 (without penalty).

Yes you can. There is an exception to the penalty if you have reached aged 55, are separated from your employer, and your money is still in the 401k.

Barring that, there is always the option to follow 72t rules, at any age.

[Nutria]

Yes you can. There is an exception to the penalty if you have reached aged 55, are separated from your employer, and your money is still in the 401k.

"Quit voluntarily", or "fired/laid off"?

[Outdoorsygal]

"Quit voluntarily", or "fired/laid off"?

Here it is-
Leaving Your Job On or After Age 55

The age 59½ distribution rule says any 401k participant may begin to withdraw money from his or her plan after reaching the age of 59½ without having to pay a 10 percent early withdrawal penalty.
There is an exception to that rule, however, which allows an employee who retires, quits or is fired at age 55 to withdraw without penalty from their 401k (the "rule of 55"). There are three key points early retirees need to know.
First, this exception applies if you leave your job at any time during the calendar year in which you turn 55, or later, according to IRS Publication 575.
Second, if you still have money in the plan of a former employer and assuming you weren't at least age 55 when you left that employer, you'll have to wait until age 59½ to start taking withdrawals without penalty. Better yet, get any old 401k's rolled into your current 401k before you retire from your current job so that you will have access to these funds penalty free.
Third, this exception only applies to funds withdrawn from a 401k. IRAs operate until different rules, so if you retire and roll money into an IRA from your 401k before age 59½, you will lose this exception on those dollars.

[Outdoorsygal]

1.5% is completely unacceptable.

Interesting. If I were to put it all in a Roth or Roth IRA, then it would be after tax money.
We just won't pay barely any tax on it in the first place so it seems best to keep it in the pre-tax 401k. Despite this excessive 1.5% fee.

[Outdoorsygal]

It appears I will likely take Petunia's recommedation but also add a portion of Money Market funds for security. I am going to mull over it over the weekend.

[Outdoorsygal]

won't cut and paste...

[Outdoorsygal]

[Outdoorsygal]