JustAnswer > Finance
Ask A Question|Register|Login|Help
JustAnswer

Finance

Ask a Finance Question, Get an Answer ASAP!

Have your own Finance question?

3 Financial Professionals are Online Now
characters left:
Not a Finance Question?

Related Finance Topics:

  • 401k
  • ,
  • Stock
  • ,
  • Income
  • ,
  • Mortgage
  • ,
  • Investment
  • ,
  • Government
  • ,
  • Limitations
  • ,
  • Midsize
Bookmark and Share

Question

what type of funds should i invest in now on my 401k. I will retire in 10 years.

Submitted: 195 days and 23 hours ago.
Category: Finance
Value: $9
Status: CLOSED
+
Read More

Optional Information

Massachusetts

Already Tried:
I have had my retirement actualy (403b) in the stable fund for the last 1 1/2 to 2 years. Although I only made 2 - 3 % I missed all that downturn of the stock market. I believe the market is fready to rise soon and would like advise on when and what types of funds to invest in on my 403b. It is with tiaa-cref. I am planing to semi -retire in 10 years. At least not working for others.

Accepted Answer

Subject to and consistent with your risk tolerance profile limitations, you may want to invest up to 60% in stock funds and the balance in fixed income funds. Of the 60% in stock funds, you may want to allocate 25% to large capitalization stocks, 15% to midsize companies, 10% to small companies and 10% to international companies.

 

In the fixed income portion, you may want to invest 15% in investment grade bonds (short and medium term average maturities), 10% in mortgage backed (and/or government bonds), 8% in high yield, and 7% in international bonds.

Picture
Expert: Bill
Pos. Feedback: 100.0 %
Accepts: 
Answered: 5/13/2009

Financial Advisor

EA, QPA, CHFC, CEBS, CLU - 29 years experience providing financial advice

+
Read More

Related Finance Questions

  • Is there an antideficiancy statute in Nevada for residential
  • My wife, a school teacher who is 65, is planning to retire
  • Purchased a 5 acre ranch property in Vacaville, CA in July
  • I have a question regarding an managerial
  • how should I pay the deficiency after repo.
  • Amol,The following frequency distribution reports the number
  • Hi, I have another accounting question regarding production
  • I have a Bank of America MasterCard that had a $15K balance.



Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.
Question List | Become an Expert | Terms of Service | Security & Privacy | About Us
© 2003-2009 JustAnswer Corp.