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I work for a public, government organization, and I’m offered a 503b instead of a 401k. I’m currently 45 years old, and plan on retiring at around 58.
I side of my 503b, one of my options (aside from a couple of managed funds and competitive indexes) I’m offered a guaranteed 7% return fund. I was wondering how this should change my investment strategy. Obviously, once I’m retired, I think just about everything in the 503b will be in the 7% fund, but what should my asset mix look like now, 13 years out?
submitted by /u/_the_credible_hulk_
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I side of my 503b, one of my options (aside from a couple of managed funds and competitive indexes) I’m offered a guaranteed 7% return fund. I was wondering how this should change my investment strategy. Obviously, once I’m retired, I think just about everything in the 503b will be in the 7% fund, but what should my asset mix look like now, 13 years out?
submitted by /u/_the_credible_hulk_
[link] [comments]
Continue reading...
