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Is Google the end game?
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After figuring out FI/RE I am less motivated.
What do you think on buying JPM, WFC, C now?
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Used car prices starting to come down?
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HYSA anyone recommends?
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Your employer 401k plan should have 15+ investment options to consider. I’d recommend clicking around the vanguard site. I don’t think you can move money from an employer 401k to an IRA unless you quit (or if you do after tax contributions and your employer allows for in service rollovers)
Yes, you can do fund transfers within your 401k (ie sell in full or portion of your existing fund and invest it with a new fund or funds). I review my 401k and rebalance where necessary.
Keep in mind the next 10 years could be a total role reversal. And the S&P 500’s growth is usually like 7% on average.
“That other option is doing better” isn’t the best reasoning for a switch. Target date retirement funds aren’t sexy, but they’re thoughtful and balanced. I say this as someone who is 100% S&P 500, but when the US slows or the trends change, the target fund may be doing better as it incorporates global investments and bonds.
I don’t know if that’s cause the global economy got hit so hard or if it’s cause the fed has done so much to prop up the economy that bonds got hit hard or what ... but the numbers are out there for a % of bonds and diversified assets help. May be hard to see in the short term however. And I say this as someone with no bonds or international funds.
Underperforming by how much? You’re also saying this with the benefit of hindsight — if the market had ranked you’d likely be overperforming since that fund will have a slightly more conservative allocation. Your investment options are limited by your provider but there may be an option that tracks the SP500 more closely.
But to answer your question yes you can do a rollover from a 401k to an IRA (I have after leaving a past firm at least)
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S&P500 is turning into not the greatest benchmark since it is so heavily weighed towards big tech. You’re 401k is probably a more conservative mix of growth/value and the 63% you’re missing is most likely due to value not seeing the same appreciation that big tech has seen since Covid.