Quote:
Originally Posted by unfrgvn
I'm not a big fan of the Principal 2045 fund. Can you find out the ticker symbol? Choices are: LTRIX, LTRGX,LTRSX,TLRVX,LTRLX and LTRDX. These all have slightly different expense ratios. The highest is 1.66%, the lowest is .79%. Vanguard's target 2045 fund has an expense ratio of .18%.
Being that her 401K is at John Hancock, this may be the best of a bunch of bad options.
Since you know you are light on bonds and international, what is your desired % split between stocks and bonds? What is your desired split between US and international of your stock portion? Once you decide these your moves become self evident.
thanks for your feedback unfrgvn.
I'm not a big fan of the Principal 2045 fund either (to clarify, this is my current work 401k, not hers). I can't easily tell you the ticker because their website seriously suffers when compared to Vanguard. I can tell you the expense ratio is 1.36%, and after doing a little research it looks like it's LTRVX (Principal LifeTime 2045 R3). Looks like spouse's JHancock lifestyle fund has a similar fee.
When I started working there we had a Simple IRA with Vanguard (hence my Vanguard investments), after a few years that changed to a 401k at The Standard (and I elected to keep my money at Vanguard and not roll it over in a large part due to the good fees at Vanguard), which was subsequently changed to The Principal because it was deemed by management the fees at The Standard were too high. FWIW my place of employment has <45 employees and I'd guess our 401k buying power isn't that strong?
The Principal 401k has limited investment options (expenses in parenthesis). Damn, I wish all of my $ was at Vanguard.
Short-Term Fixed Income
Morley Principal Stable Value Sig Fund (1.11%)
Fixed Income
PIMCO Income R Fund (1.10%)
PIMCO Real Return R Fund (1.10%)
Templeton Asset Management (?)
Templeton Global Bond R Fund (1.15%)
Balanced/Asset Allocation
Capital Research and Mgmt Co American Funds American Balanced R3 Fund (0.95%)
Franklin Income R Fund (0.98%)
MFS Growth Allocation R2 Fund (1.42%)
Principal LifeTime Strategic Income Separate Account (1.19%)
Principal LifeTime 2010-2060 funds (range between 1.26%-1.40%...the longer the timeframe, the higher the percentage)
Large U.S. Equity
Capital Research and Mgmt Co American Funds Washington Mutual Investors R3 Fund (0.96%)
Lord Abbett Fundamental Equity R3 Fund (1.24%)
Principal Global Investors LargeCap S&P 500 Index Separate Account (0.72%)
T. Rowe Price Growth Stock R Fund (1.2%)
Small/Mid U.S. Equity
Deutsche DWS RREEF Real Estate Sec R Fund (1.24%)
Principal Global Investors MidCap S&P 400 Index Separate Account (0.72%)
Principal Global Investors SmallCap S&P 600 Index Separate Account (0.72%)
Principal Global/Barrow Hanley MidCap Value III Separate Account (1.22%)
International Equity
Capital Research and Mgmt Co American Funds New World R3 Fund (1.36%)
T. Rowe Price International Growth & Income R Fund (1.38%)
T. Rowe Price International Stock R Fund (1.40%)
Other
PIMCO Commodity Real Return Strategy R Fund (1.44%)
regarding my desired split between stocks and bonds and US and international, I don't really have one right now. I was late to the game on the retirement investing front, and I'm just trying to catch up at the moment. I'd guess my appetite for risk is a little bit more than a 'typical' person my age.