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Nyc Deferred Comp


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#1 newbie

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Posted 15 February 2016 - 06:09 PM

First time poster, long time reader. I was wondering if anyone is familiar with NYC 457b, any advice on investments choices, (index funds preferred)? Bonds suggestions? I just opened an account with them and chose the 2020 Target Fund.. Will need the funds in the next 5-10 years.. 

Thank you 

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#2 Admin

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Posted 17 February 2016 - 08:38 PM

Hey Newbie,

 

Welcome! Sorry we missed this. Have you seen following?

 

Asset Allocation 

Target Date Approach

 

I personally use the Target Date Approach. I understand the criticism (it's intended for a wide swath of individuals but each person's situation is unique). I've used this approach for about a decade now and I have been pretty pleased with results. 

 

Dan 



#3 newbie

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Posted 18 February 2016 - 12:11 PM

Hey Newbie,

 

Welcome! Sorry we missed this. Have you seen following?

 

Asset Allocation 

Target Date Approach

 

I personally use the Target Date Approach. I understand the criticism (it's intended for a wide swath of individuals but each person's situation is unique). I've used this approach for about a decade now and I have been pretty pleased with results. 

 

Dan 

 

Thank you , Dan