Input on small retirement fund spread for new Schwab account
Hello,
I'm recently retired and opened a Schwab account at the beginning of this year. All other investments and pension are managed through Fidelity. Wanting to spread things out a bit, I decided to open an account with Schwab. Here's my question: with $100k parked at Schwab, what is a reasonable spread of investments? I don't expect to need any of this money, and my objective is for it to average about a 6% overall annual rate of return over the remaining years I have. Remaining years means hopefully at least 10 years, and 25 years on the high side. I'm looking for a mix that will generate reasonable growth, moderate risk that is unlikely to suffer an overall 20% drop if things go south, and won't just plod along keeping up with inflation. I am a set-it-and-forget-it investor. My frequency of checking my Fidelity accounts is about once every 4 haircuts. I doubt I'll check my Schwab account that often.
While I don't spend time checking my investments, I am the type of person who gets caught in an endless loop of indecision about where to invest. That is why I'd appreciate any advice from you.
Here's kind of the mix I'm thinking of at the moment:
SWVXX 10% of funds
SWOBX or SWBGX 30% of funds
SWHGX (would consider VBIAX or RBAFX) 30% of funds
FNDX or SFLNX 30% of funds
Perhaps the funds would be spread more than necessary, or there are better options for funds or distribution. Your view might be, "WTF is this person thinking?!" It's all good, I appreciate all feedback, which is why I'm posting this. Again, I'm hoping to get some input. I've already spent since this January in indecision gridlock and don't want to be in the same place 6 months from now with all funds still parked in SWVXX.
Many thanks!