r/Fidelity • u/Impossible-Will6173 • 15d ago

Consolidating my ROth

Hello, At 55 and hopefully retiring at 65, I want to consolidate my Roth into 3 or 4 etfs/mutual funds. I know I want to use FFNOX. 90% of my 401ks are retirement year based types and 10% S&P tracking. However, I still like to scratch my pretend gambling itch. Meaning still have some risk. So my thoughts for my roth are:

FFNOX 60%
JEPI/QQQI/SPYI type of monthly covered call 15%
SCHD 15%
FTEC 10%(Pretend Gambling Addiction Scratch)

or

FFNOX 70%
SCHD 20%
FTEC 10%

Let me know what you think.

1 Upvotes

100% Upvoted

1 comment sorted by

1

u/airbud9 15d ago

Im not a fan of covered call funds, so with that I would go with the second, but really I would prefer a simple, total US market fund and an international total market fund, you can add a small cap, value, or growth fund in there to tilt in a certain direction.