Hello All,
I don't like the idea of just leaving 401Ks floating around when moving jobs. Consequently, I moved my old jobs 401K into a Fidelity Traditional Rollover IRA account.
Right now I have another Fidelity 401K from a more recent job that I haven't moved yet, and that one is 100% allocated to a fund called “FFLEX” for me which I believe is one of those targeted retirement date funds.
I now need to choose what to invest in for the one I just moved into a rollover.
It's about $9.3K and I am 23. No idea what to invest it in, but I read that the “target date” retirement funds are generally considered not as lucrative as other investment options.
Can someone give me any advice on how they would spread out the %s keeping in mind it is with Fidelity?
I posted this to r/investments but didn't get any traction and I really have no idea anything about investment funds…hopefully someone can help me out who has some more experience in this than I do.
Thanks!
Leave a Reply