[Troy]

I’ve never rebalanced my 457 plan through work that I opened about 14 years ago. I retire in about 4 years (2029) and currently have it in a “2045 target” fund (going high risk to make up for all the years I missed contributing into it).

I’ll have a pension when I retire so the 457 plan will be for extra money as needed.

What are the benefits of rebalancing and how often should it do it?

[Hunter]

Target date funds are far from high risk.
High fees, low returns and WAY too conservative.

[Tolga]

Target date funds rebalance automatically. They are to “set it and forget it”.

[Sarumathi]

I too have a 457b with 2045 and 2050 target funds. Not sure what to do with it.

Is it possible to roll over to my IRA with Schwab?

[Gonzalo]

Goggle your funds name and “glide path”. You should see something like this image.

As you can see, it automatically adjusts your % in each holding, making it more conservative and less susceptible to the larger potential losses that come with equities/stocks as time goes on.

The target date fund rebalances itself.

My approach is different. My 401k is comprised of 2 funds. I rebalance once a year in January.

[Mark]

TDF aren’t high risk. They’re designed to rebalance themselves

[Juli]

I have a Vanguard Target 2055 fund in my 457b. It feels less risky to me than the 100% equities I have in my other retirement accounts.

Less return but also less risk and these are the funds I will access first once I leave my job in a year or so.

[Author]

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