BSPIX
BlackRock S&P 500 Stock Fund Instl
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Advice on 401k: * 38M, USA - Employed $200k Base + $15k Bonus * 401(k) is maxxed at $24,500/yr and I get 3% Employer Match ($6,450/yr) * This is my main retirement account. * Time horizon is 17-25 years. Retirement around 55-63 would be preferable. * Risk tolerance is high, but I do believe the market is getting a bit overheated. * $257k in Merrill-Lynch GoalManager Aggressive Model ([see fund mix here](https://imgur.com/mt9UWV8)) * YTD (as of 6/15, +11.74%) * No debts. Own home outright. Mainly looking for advice on if the GoalManager is too expensive. I am having a hard time figuring out their expense ratio, but it looks like the majority of the funds are 0.75%-1.3%, which seems absurdly high. That said, the options I have available are all the same mix with similar expense ratios ([see here](https://imgur.com/lBLAogo)). Any advice on if I should seek one of the other funds? It looks like BSPIX has the lowest expense ratios of 0.10%, but I don't know if throwing 100% of my portfolio onto an SP500 index makes sense. I am finding my options are very limited with this 401k. Thanks!
Some are easy (set and forget 529, BSPIX, XOM dividends, SGOV) SomeI have through friends that are brokers for a flat fee no management. VTI and a few select through a taxable brokerage account. If you can do simple excel spreadsheets, you can manage money. Real estate has been lucky honestly.
I've kinda run out of places to put money. SGOV, HYSA, Max 401K into BSPIX, QQQ, VTI, remodel paid off $800k house, 529.for kids, Gold, NVIDIA, GOOG, SPY, RDDT, PLTR...?
Open an IRA (simple/ROTH) Invest in BSPIX (iShares S&P 500 Index Fund Institutional Shares) Don't touch it until you retire.
So comment on my portfolio. $750k house paid off (bought two years ago in Austin, before the boom.) Combo of $650k in wife's pension/401k/4013b from a large hospital she worked for for 11 years. $100k in my old 401k all BSPIX. I am not working, have not to raise th kids. Wife is investing in the same fund for the time between being, maxing out 4% match. Around $40k so far. 0.10% fees with a 1.16 % divedend. 5 and 7 year old have $150k each (rounding down) it the Utah planndor college. They won't have loans in ten years. Cars are paid, no debt and another $200k liquid cash. What would you do? Stay they course that's working? Start to gamble? What would you do.
Just keep adding to VOO. I personally prefer bro because of the exposure to more than trust s&p 500, but you’re right, the difference is negligible. Full disclosure that my 15% of my portfolio is in VTSAX (the index fund version of VTI) and 45% is in s&p 500 (BSPIX) as that’s what’s available to my 401k. If I ever quit, that amount is going into VTSAX.