45 years old. For my i401k, do target date for someone younger or ignore bonds?
I have an i401k. I was with Vanguard, got switched to Ascensus, but after finding their customer service beyond horrible, I'm moving it to Charles Schwab. I have a check from Ascensus to deposit tomorrow.
In Ascenesus, I was doing a target retirement of 2065 which is way later than I'd want to retire. My thinking is a regular target fund for my age is a bit conservative.
But part of me wonders if it might make more sense to not have any bonds at all, be a bit more aggressive for the next 10-15 years and then i can begin moving it from what I choose (which would be 2-3 broad index funds) to bonds.
Pros and cons with this? On the one hand, doing the target date for someone younger seems simpler. But I also wonder if with a bit more effort, I'd be better off with the second option.