My employer opened up a 401K for us. They're giving me all of these funds and telling me to decide how much of each I'd like to buy. How the heck am I supposed to choose? I have a Roth and all I picked was my date of retirement, it does the rest for me.
I'm 25. I have a fund targeting retirement on 2045 in my Roth. How can I closely mimic that with the funds below? Any help would be really helpful. My company can't help me. Most people are just choosing 10% of 10 funds blindly. I'd like to have a little more direction that that. I wish they just had the target retirement date or "conservative, moderate and aggressive" choices instead of this stuff.
Blackrock Fundamental Growth C MCFGX $ 20.08
Blackrock Global Allocation C MCLOX $ 18.32
Blackrock Government Income Portfolio C1 BGIEX $ 10.22
Blackrock International Value C MCIVX $ 25.58
Blackrock Large Cap Core C MCLRX $ 11.03
Blackrock Large Cap Value C MCLVX $ 15.97
Blackrock Value Opportunities C MCSPX $ 16.06
Davis New York Venture C NYVCX $ 36.32
Evergreen Core Bond C ESBCX $ 9.62
J P Morgan Dynamic Small Cap Growth C VSCCX $ 15.79
Merrill Lynch Ready Assets Trust MRAXX $ 1.00
Mfs Total Return C MTRCX $ 14.45