I have been investing in a Roth IRA as my first two jobs didn't have retirement plans. My current job has a 401K with John Hancock with a target date fund of 2060 (when I'll be 65). It's RFUTX 0.39 expense ratio. I decided to move my allocation to:
VFIAX - 50%
VIMAX - 15%
VSMAX - 10%
VTIAX - 20%
VIGAX- 5%
Total expense ratio weighted would be 0.047.
Just wondering if this is a good idea overall or is the target date a better option ?