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<blockquote data-quote="104Feeder" data-source="post: 1258965" data-attributes="member: 42554">Fairly solid advice so far and congratulations on getting started so early. You didn&#039;t say what percent you decided to contribute, so let me suggest that you start with at least 5% and see how big of a hit your weekly check takes. Since you are doing the Roth you will feel every dollar but when you won&#039;t be taking the tax hit later. Then increase that percentage by 1% every six months until you get to at least 15%. If you feel a pinch just decrease it awhile then slowly build it back up. I would bump mine up every time we got a raise so I didn&#039;t feel it. The Bright Horizon is great, but I would allocate at least 30% there and do the rest in the S&amp;P 500 and 400 Midcap funds. Generally this would be too much exposure in stocks but you have 23 years before you retire and 37.5 years before you can withdraw money from your 401k. Plus, you have a nice solid pension to draw from which is guaranteed money so, in my opinion, you can take on more risk in your 401k. Don&#039;t sweat market downturns or get overly excited about upturns. You&#039;ll do fine over time. And don&#039;t take any loans out from your 401k even for a house!</blockquote>

[QUOTE="104Feeder, post: 1258965, member: 42554"] Fairly solid advice so far and congratulations on getting started so early. You didn't say what percent you decided to contribute, so let me suggest that you start with at least 5% and see how big of a hit your weekly check takes. Since you are doing the Roth you will feel every dollar but when you won't be taking the tax hit later. Then increase that percentage by 1% every six months until you get to at least 15%. If you feel a pinch just decrease it awhile then slowly build it back up. I would bump mine up every time we got a raise so I didn't feel it. The Bright Horizon is great, but I would allocate at least 30% there and do the rest in the S&P 500 and 400 Midcap funds. Generally this would be too much exposure in stocks but you have 23 years before you retire and 37.5 years before you can withdraw money from your 401k. Plus, you have a nice solid pension to draw from which is guaranteed money so, in my opinion, you can take on more risk in your 401k. Don't sweat market downturns or get overly excited about upturns. You'll do fine over time. And don't take any loans out from your 401k even for a house! [/QUOTE]

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