Need Help with Choosing Investment Fund in Roth 403(b) and 457(b)

Investing
#1

Hi there,
I took the Personal Finance Club course and I found the course so helpful!
My school district options are limited, as my retirement accounts are managed through NationWide.

So I updated my Roth 403(b) and 457(b) investment funds to a Target Date Retirement Fund (they don’t offer a TD Index fund).

Does it make sense to have the following allocations:
90% of both 403b and 457b are invested in the Vanguard 500 Index Fund (VFIAX) w/ 0.69% expense ratio.
10% of both 403b and 457b are invested in the JPM SmartRet Blnd 2050 R3 (JNTKX) w/ 0.69% expense ratio.

Or should I just choose one of these investments at 100% (either VFIAX or JNTKX) ?

Thank you for any advice!

#2

Does VFIAX really have a 0.69% expense ratio? Google is reporting VFIAX has a 0.04% expense ratio and JNTKX has a 0.69% expense ratio.

Do you have any international or bond funds that have low fees? If so, I’d probably try to do a three fund portfolio! If not, I’d probably just hold my nose and do 100% target date fund.

Walk through this article for the priority!

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