My annuity is in a target date fund and the projected forecast is not looking good.
I was going to keep 50% invested in the target date and throw 50% into VFIAX
At this point I am 100% invested in the 2050 Target date I have 481 units and the unit value is $48 now when I look at the VFIAX It shows I have zero units and a unit value of $507
Having a hard time understanding what all this means can someone explain to me like they're explaining it too A 8-year-old. Lol
Am I going to lose money by investing 50% in the VFIAX since the unit value is so much more?
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