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Reply to "Should I be able to turn off auto reinventing of dividends in my 401k?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think it's important to understand your risk tolerance and to match it to the right target date fund but just deciding that all target date funds are too conservative is kind of silly. For example, the TSP L funds underwent an overhaul recently so they have a lot more equities in them than they used to. [/quote] The L2030 fund is currently nearly 40% fixed income. There's not an advisor on the planet that would advise that kind of allocation for someone retiring in eight years.[/quote] That is pure hyperbole. 60/40 for someone 8 years away from retirement is certainly within reason (although as noted they are freezing that allocation while the fund becomes overall more aggressive). [/quote]
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