Investing 401k

[knesmith (Kyle)]

Hey Community

I rolled over a 401k to Fidelity and was looking at the 3 fund portfolio from the course as well as the blog (FZROX, FZILX and FXNAX). I am 27, does that sound like a good idea?

Thanks

[vivitron (Vivi Ton)]

Hi Kyle,
The 3 fund portfolio is great! Just keep in mind that you will need to rebalance/reallocate it periodically as you get older. Another even easier option is to buy a single target date index fund which will do all that work for you!

Seven reasons to put 100% of your portfolio in a target date index fund

[knesmith (Kyle)]

Any suggestions on a good Target Date index fund through Fidelity ?

[vivitron (Vivi Ton)]

Yes, the blog post linked will have instructions on how to pick your Fidelity target date index fund based on your age!

[knesmith (Kyle)]

Thank you ,I appreciate it