Ask HN: Where do you keep your 401k investments?

#1

Post by monroewalker » Thu, Jul 11, 2024, 5:27 PM UTC

I've had mine in the default target retirement funds of the provider (Fidelity / Empower / Vanguard) from different employers. After seeing how much of the fund is invested in bonds (10% for Vanguard) despite the long time until retirement, I'm looking at moving everything to VOO / VTSAX / VFIAX to have a more aggressive allocation in 100% equity.

Curious what others here have opted to do.

Re: Ask HN: Where do you keep your 401k investments?

#2

Post by nullindividual » Thu, Jul 11, 2024, 5:33 PM UTC

Have a financial advisor manage it on my behalf. They know the schedule of risk, but at least a portion of it will be in Vanguard (Fidelity), slowly phasing out stock for bonds as I become a decrepit cripple.

Re: Ask HN: Where do you keep your 401k investments?

#3

Post by techniquetech » Thu, Jul 11, 2024, 6:25 PM UTC

was in similar position -- rolled all previous employers into vanguard IRA, self directed; VTI, NVDA, JPM, COST, MRK...

have not regretted decision to take direct control

Re: Ask HN: Where do you keep your 401k investments?

#4

Post by p1esk » Thu, Jul 11, 2024, 6:37 PM UTC

techniquetech wrote: post #3

was in similar position -- rolled all previous employers into vanguard IRA, self directed; VTI, NVDA, JPM, COST, MRK... have not regretted decision to take direct control

How do you choose the companies?

Re: Ask HN: Where do you keep your 401k investments?

#5

Post by runjake » Thu, Jul 11, 2024, 6:45 PM UTC

Vanguard. Fidelity has some nice low-cost index funds in the style of Vanguard, as well.

Re: Ask HN: Where do you keep your 401k investments?

#6

Post by caprock » Thu, Jul 11, 2024, 6:52 PM UTC

I have a traditional IRA account at one of the major brokerages, and I roll-over each employer 401k to that account when I'm done with that employer. Then I just invest it in VOO and a couple similar ETFs. Plenty of flexibility and no charges for the purchases.

Re: Ask HN: Where do you keep your 401k investments?

#7

Post by keernan » Thu, Jul 11, 2024, 6:52 PM UTC

Vanguard's target date retirement funds furthest from retirement do not have a 100% stock allocation simply because studies have established that a 90/10 stock/bond portfolio outperforms a 100% stock allocation.

Re: Ask HN: Where do you keep your 401k investments?

#8

Post by snihalani » Thu, Jul 11, 2024, 7:01 PM UTC

Vanguard because it supports passkeys.

If you want that much risk, day trading might be an option

Re: Ask HN: Where do you keep your 401k investments?

#9

Post by bagas31 » Thu, Jul 11, 2024, 7:07 PM UTC

[dead]

Re: Ask HN: Where do you keep your 401k investments?

#10

Post by uzername » Thu, Jul 11, 2024, 7:08 PM UTC

I have my 401k managed through Vanguard currently. Previously Principal with a former employer. I have other savings and investment in other providers, managed by a financial advisor.