My wife (almost 56) has a T. Rowe rollover IRA(PRJIX, TRAIX, PRZIX) that my late brother helped her set up starting about 25 years ago. It has done well for her over time, with about an 8.5% average return even with the recent market turmoil. A total of about $95k invested on 2 occasions($30k in 1999, $65k in 2010) has turned into $500k+ with no additional contributions. All growth has been from DRIP and capital gains. I honestly never really knew about fund fees until more recently and realized hers were very high. I also noticed that the funds had peaked at over $600k 4 years ago and this opened my eyes that something had really dragged it down. With the recent market volatility, we have talked about getting away from this aggressive(83/17) and high fee portfolio and moving to a more conservative lower fee position that balances capital preservation and growth. Contributions to it will be sporadic depending on how her business is. We'd like to keep it simple and stay with TRP to avoid any tax implications but are hesitating with the right funds to choose. The lower cost typical Bogle-esque 3 fund options are POMIX, PIEQX, and PBDIX but I wondered about PREIX as part of the allocation instead of POMIX. I'm thinking along the lines of a 50% US/20% Int/30% Bond allocation. In the future, I also thought about a dividend weighted fund such as PRDGX for income, but those fees are higher. For context, we likely might not need to touch this for a long time, if at all because of our financial position. I (59) am retiring in 2 months with $4k/month pension and a little over $1m in my union surety fund. I will be taking SS at 62 at about $2700/month. Thoughts?