I did it! (I think)
Im another newbie here with very little financial literacy. I really appreciate how knowledgeable and supportive this group is- so thanks in advance. I have a 403b with Empower. I discontinued enrollment with their advisory service and lumped everything into just (3) index funds:
60% VFIAX (Vanguard 500 Index)
20% VWILX (Vanguard International Growth)
20% VBILX (vanguard intermediate term bond)
Is there anything obviously wrong with these choices? I don’t know much about ETF’s- so not sure if I am dumb for not having anything ETF related. The empower advisor cautioned me about having nothing with small or mid cap markets. So I dunno. My plan is to rebalance everything once a year. And slowly increase the percentage of my bonds fund over the next 15 years. Any feedback or advice is so appreciated!