I'm planning my plunge into a PP and need some advise on allocating pension $$$. About 13% of my PP is in a pension with limited choices.
I'm 59 and plan on rolling it into an IRA as a lump sum when (and if) i retire.
The way i see it, my only PP options are stock or cash, since there are no gold or viable bond choices & no brokerage window.
Of the choices below, NINDX & VITPX look to be the best of the lot. Should go with either one or a combination of these?
Otherwise, is the Stable Value Fund my only other option?
Large Cap Growth
Columbia Marsico Focused Equities Fund Class Z (NFEPX)
American Funds Growth Fund of America Class R6 (RGAGX)
Large Cap Blend
Columbia Large Cap Index Fund Class Z (NINDX)
Large Cap Value
Columbia Large Cap Value Fund Class Z (NVLUX)
Dodge & Cox Stock (DODGX)
Mid-Cap Blend
Columbia Mid Cap Index Fund Class Z (NMPAX)
Small-Cap Blend
Columbia Small Cap Index Fund Class Z (NMSCX)
Legg Mason Batterymarch U.S. Small Capitalization Equity Portfolio Class I (LMSIX)
Specialty
Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares (VITPX)
Stable Value Fund
Pension allocation for PP noob
Moderator: Global Moderator
Re: Pension allocation for PP noob
Yeah, NINDX and VITPX both look like good stock funds. I'd go with VITPX exclusively since its expense ratio is so low.
The stable value fund is probably an acceptable cash vehicle, though not perfect since it likely invests in non-Treasury bonds.
I would fill that account with either stock or cash, depending on whichever meshes better with the rest of your portfolio. If everything else is taxable then it probably makes more sense to fill the tax-sheltered space with cash.
The stable value fund is probably an acceptable cash vehicle, though not perfect since it likely invests in non-Treasury bonds.
I would fill that account with either stock or cash, depending on whichever meshes better with the rest of your portfolio. If everything else is taxable then it probably makes more sense to fill the tax-sheltered space with cash.