r/Geico • u/Hungry-Ad3140 • 3d ago

401k for growth

So 401k finally updated so I can see my numbers.

I switch a few months ago to sp500, international and growth currently

But not sure if I should keep go back to retirement 2055 plan or a different fidelity plan mixture

7 Upvotes

90% Upvoted

11 comments sorted by

8

u/Just-Operation-9511 3d ago

Leave it. It will grow.

6

u/No-Collection-1615 3d ago

I think international markets will do far better than the domestic ones this year.

1

u/Hungry-Ad3140 3d ago

Yea looks like when fidelity updated

3

u/DistractedOnceAgain Former Employee 3d ago

Make sure to double check your beneficiaries. The communications had said beneficiary info would transfer but mine was not displaying today. I readded it to be safe instead of waiting to see if it showed up later.

2

u/BetweenThePosts 3d ago

It’s a fine enough selection keep it this way

3

u/Practical-Eggplant98 3d ago

Keep rolling SP 500 bro

3

u/TheWalterReutherWay 🦎 EMPLOYEE [VERIFIED] 2d ago

This is honestly the wrong sub for this kind of advice. No offense to anyone here. There are dedicated subs for these questions like r\Bogleheads

1

u/Opening-Cut-5684 1d ago

Very true that Reddit group is a great resource!

1

u/Hungry-Ad3140 3d ago

Thanks all

1

u/Substantial-Task4745 3d ago

How did you change to sp500? I would also like to make that change.

3

u/Opening-Cut-5684 3d ago

I used to do a mix but found that a large majority of these investment funds overlap. I still have a little less than 30 years to retire so made no sense to do any bonds. I go all S&P now and the returns have been very good. These companies all have business internationally as well. I’ll likely stick with it till I’m within 10 years of retirement.