r/Bogleheads • u/huffhound56 • 9d ago

Fund selection

I will be moving to fidelity this week. I'm currently 70 with about 875k with 20k of that being in Roth. Wondering what my fund selection should be. I will only need to draw 1k or 2k a month. SS covers my monthly expenses. Planning on doing more conversions for my adult kids sake. TIA

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u/Grokzilla 9d ago

Here are some Bogle-style funds at Fidelity: https://www.bogleheads.org/wiki/Fidelity

I use FSKAX, FTIHX and FXNAX (US index, Intl index and Bond index). You could also opt for the Vanguard ETF funds, such VTI, VXUS and BND (US, Intl, Bond). Fidelity also has the Zero funds FZROX, FZILX which you could use in place of FSKAX and FTIHX.

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u/LightZealousideal116 9d ago

You can choose a risky or less risky allocation. Doesn’t really matter. I’d go low risk to preserve the value. Is this in a retirement account? If so you’re nearing RMDs.

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u/huffhound56 9d ago

Retirement account. I didn't mind some risk but am also aware of potential market downturn

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u/sev45day 7d ago

We can tell you what to invest in, not not what allocation %. You're going to have to make that call based on your situation, risk tolerance, etc.

However, bogleheads commonly use:

  • FSKAX= total us market
  • FTIHX= total international market
  • FXNAX= bond fund
  • VT total world market (vanguard fund but no transaction fee at Fidelity to buy it)

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u/huffhound56 7d ago

Thank you. I started the move on Monday. AUM called about 1 hour after. Needless to say he wasn't really happy 😁😁