Checking on 401K

[saveinla]

This is what is in my 401K. I am 48 and my DH is 50 and he has a separate 401K.

Can I get any advice or changes needed? I contribute the full allowed amount for my 401K and have been doing so for a few years now.


Name                                                Asset Class Category     % Invested     YTD         Returns As Of

FID MID CAP STOCK K  (FKMCX)         Mid-Cap                         45.73%         9.63%     9/8/2017

HARBOR CAP APPR INST  (HACAX)      Large Cap                       26.81%         25.67%   9/8/2017

FID 500 INDEX INST  (FXSIX)             Large Cap                      12.78%          11.47%   9/8/2017     - Currently Investing 50%

FID EXT MKT IDX PR  (FSEVX)             Mid-Cap                         7.88%             7.44%   9/8/2017     - Currently Investing 50%

FID FREEDOM 2040 K  (FSNVX)           N/A                                5.00%             0.00%   9/8/2017

FID FREEDOM 2035 K  (FSNUX)           N/A                                1.80%             0.00%   9/8/2017



The Freedom Funds were because some funds were changed and they just transferred them based on Age automatically. The Harbor Cap Appr Fund was also a move from another fund when it was closed. I have never revisited or rebalanced till now, as I have been happy with the performance.

I have recently changed to 2 funds of 50% each. Is there any other change that needs to be done or just keep going as is?

Thanks

[tcu2003]

I am by no means an expert, but I'd ditch the freedom 2040 and 2035 funds. If you like the 2 funds you're currently contributing to, move them there.

[phil5185]

I agree.
Harbor hasn't done much, it didn't quite double in a decade - ie, less than 7%/yr.
And FKMCX hasn't done much during the last decade. Additionally, it is a managed fund, not an index. Historically, fund managers are mostly (85%)unable to match or beat the index, on a net basis. I stick with the unmanaged index funds.

[ken a.k.a OMK]

@wxyz I read and learn but rarely post about finance.

[plugginaway22]

Same, WXYZ has helped me.