as a financial illiterate stuck with a 401k, what do i do? (moist.catsweat.com)

submitted 1 month ago by [email protected] to c/[email protected]

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as many americans forced to run with a 401k because we dont know any better and its the 'path of least resistance' to a retirement account... what do we do in the face of a dying democracy and economy?

id love to move it to some 'foreign' investments, but is that even a possible option? do i just hope and wait for stability to return at some point in the future or is it hookers and blow time?

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[-] [email protected] 6 points 1 month ago

All about diversification. If your in one of the target date funds, you should already have 30 or 40% foreign stock and maybe 60/40 stock to bond ratio depending on your age. Look at your asset allocation.

[-] [email protected] 3 points 1 month ago

great info, thanks! i didnt know that funds could be made up of foreign stocks.

[-] [email protected] 5 points 1 month ago

You could go to Vanguards website and look at their funds just as an example. They have funds that are totally international for example. If you look at target date funds theirs are maybe 40% international. Me personally I prefer the 30 to 35% range simply because international has not had the returns of US though hey maybe finally international will out perform US. Who knows.

this post was submitted on 08 Apr 2025

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