FIHFX

warcry

I’m investing in FIHFX on my Roth is this a bad idea I’m new to investing and started late in life?

antoniosrevenge

Yes, [FIHFX](https://www.google.com/search?q=fidelity+freedom+index+2035&rlz=1C1CHBF_enUS933US934&oq=fidelity+freedom+index+2035&aqs=chrome..69i57j0i512l9.3723j0j7&sourceid=chrome&ie=UTF-8)

big_deal

Fidelity has two families of target date funds. Fidelity Freedom funds are actively managed and have higher expense ratios. Fidelity Freedom Index funds are an index fund version. This page shows both types: https://www.fidelity.com/mutual-funds/fidelity-funds/overview. For 2035: FFTHX is the active version with ER of 0.71% and 77%/25% equity/bond allocation (slight leverage due to small short cash allocation). FIHFX is the index version with ER or 0.12% and 75%/25% equity/bond allocation. The 2% equity allocation difference is probably not meaningful but I recommend checking the allocation difference for the fund you are interested in. The last time I compared their active and index target date funds the active funds appeared to have better performance numbers but when you looked more closely it was because they have higher equity allocations. If this is the case you can always choose a longer dated index version to get higher equity exposure with lower expense (if you want the higher risk).

DarthJarJarJar

General advice and outlook question: I'm 60, don't like investing or thinking about stocks or any of it, it's a pain in my ass. I just want to stick it away and have it do about as well as the market. I have about $2 million in target date funds, FIHFX and VTHRX, because I thought of them as set and forget vehicles that would help me out by cushioning the fall when the market tanks and do ok when the market goes up. I also have about $250k in a combination of VOO, IVOO, IWF, and VUG. So I've been hammered in the last year, as we all have. That's fine. Things go down, things go up. It's fine. But I can't help but notice when I check in on this stuff that the bond component of my target date funds didn't seem to do anything to help me on the way down. FIHFX is down 21% over the past year. VOO is down 15%. VTHRX is down 31% over the past year. IWF is down 24%. The bond component doesn't seem to be doing much to cushion the fall. But when prices go up I certainly see it. Today the Dow went up 2.59%. VOO was up 2.33% IWF was up 2.36%. But FIHFX was only up 1.14% today. VTHRX was only up .89% today. What is the point of this kind of stock/bond mix if all it does is hurt you on the way up? And why shouldn't I just dump all the money in VOO or something similar? I realize these are probably idiot questions. As I said, I don't normally think about money. I don't like it, it stresses me out, I don't want to fiddle with it every day. But I also don't want to leave tons on money on the table because I'm dumb. Are these target date funds as bad as they've seemed recently? What's a rational argument for staying in something like FIHFX?

s3cd3v0p5

Posted in Fidelity, and got their canned reply. All I'm looking for is a perspective on the idea: if assumed to start using money from an IRA exclusively invested in FQIFX (Fidelity 2025 term fund), sometimes around the the term date of this fund, would it make sense to split it NOW in half, and acquire FIHFX (2035 term) with the cash from selling half of FQIFX? Wouldn't this be a way for an inactive investor to actually diversify a little? The main concern I have, at this time, is that all target date funds @ Fidelity have as objective an eventual migration into/merger with Fidelity Index Income Fund, which may happen "too soon" (I know - relative term), and whose historical returns and Morningstar grades are abysmal ... Pros and cons in doing so? Would appreciate opinions/views on this.

mobyhex

Thanks let's say I want to sell out of FIHFX (and later move to VT + BND) at around 3:30pm today. If yesterday's NAV/price was/is 22.90 then what's the guess to figure what I'm selliing it for? Or should I wait until there's some green across say the S and P?

rezlyenn

I have a 100k inherited traditional IRA at Fidelity and was set to do a simple 3 fund at 80ish/20ish. Wondering if it would be just as good to dump it into a target date fund with similar asset allocation like [FIHFX 2035](https://fundresearch.fidelity.com/mutual-funds/summary/315793802)

Lonely-War7372

We started late in investing because life happened and early on we were burdened by student loan, credit card debt along with a ridiculously high mortgage and need advice. We're both 56 years old and plan to retire at 67. We plan to max out both ROTHs, HSA, will have $5800 in SS income and contributing up to the company match on 401k. We'd like to invest in the following: FZROZ@60%, FZILX@20% and FSRNX@20% in one account. Then VYM, SCHD, SDY and HDV for high yield dividend ETFs in another. We're concerned that we won't have enough growth if we go with the recommended FXIFX and/or FIHFX but we can't afford to lose it all either. Any recommendations would be great. We're late to the retirement game but still want to live well.