T Rowe retirement 2050 virtually no bonds?
My small company 401(k) is through T Rowe Price. I’ve been perusing the investment options and they seem okay not great. There is an S&P 500 index fund with low expense (FXAIX). All other options have expense ratios upwards of .6%. Anyway I was looking at the 2050 target date fund (TRRMX) and considering putting all of my funds in that for simplicity but there are virtually no bonds held in the fund, which was quite surprising to me. I would have expected a more diversified portfolio. It is almost entirely US stock (66%) and foreign stock (30%) with the balance representing cash/bonds/other (see pic). Does this mean that this particular target date fund is not sufficiently diversified and should I look elsewhere? Thanks.
My small company 401(k) is through T Rowe Price. I’ve been perusing the investment options and they seem okay not great. There is an S&P 500 index fund with low expense (FXAIX). All other options have expense ratios upwards of .6%. Anyway I was looking at the 2050 target date fund (TRRMX) and considering putting all of my funds in that for simplicity but there are virtually no bonds held in the fund, which was quite surprising to me. I would have expected a more diversified portfolio. It is almost entirely US stock (66%) and foreign stock (30%) with the balance representing cash/bonds/other (see pic). Does this mean that this particular target date fund is not sufficiently diversified and should I look elsewhere? Thanks.