Personal Investments • TIAA Portfolio Help Please

Greetings,

I hope I can get some advice on my portfolio. I have two TIAA accounts: one from a job I had 20 years ago and one from my current job. I am 48 years old and would like to tighten up my investments as I get older, especially since my wife only has $5k in retirement savings. Over time, some options have been added and others removed from my TIAA accounts, and I feel my portfolio has become a bit disorganized. I tend to prefer a more aggressive investment strategy, but I realize this might not be the best approach as I age ... I would also like your thoughts on that.

For context:

I have 13 years left on my mortgage ($950 per month).
I have no car payments (I drive a 15-year-old car and a 22-year-old car).
I have no credit card debt.
I have $150K in savings and short-term investments.

I would appreciate any advice on how to clean up and optimize my portfolio.

My TIAA account from my old job has the following balances:
CREF Core Bond R2 (QCBMPX)$7,942.01 (ER .32)
CREF Equity Index R2 (QCEQPX)$38,721.84 (ER .25)
TIAA Traditional$160.51

Here are the other options that I have with that account followed by their ER:
TIAA Traditional Annuity - Retirement Annuity
CREF Core Bond Account (R2) [QCBMPX]0.32%
CREF Inflation-Linked Bond Account (R2) [QCILPX]0.28%
CREF Social Choice Account (R2) [QCSCPX]0.29%
CREF Money Market Account (R2) [QCMMPX]0.26%
CREF Growth Account (R2) [QCGRPX]0.29%
CREF Stock Account (R2) [QCSTPX]0.32%
CREF Global Equities Account (R2) [QCGLPX]0.32%
CREF Equity Index Account (R2) [QCEQPX]0.25%
TIAA Real Estate Account [QREARX]1.02%

The TIAA account I have with my current job has the following balances:
CREF Core Bond R3 (QCBMIX)$30,772.27 (ER .25 ... This is restricted I can no longer invest in this)
BlackRock Total Return Fund K (MPHQX)$31,704.11 (ER .38)
Vanguard Institutional Index Fund Institutional (VINIX)$520,190.98 (ER .04)
Vanguard Total Bond Market Index Fund Institutional (VBTIX)$2,349.87 (ER .04)

Here are the options that I have with the above account:
TIAA Traditional Annuity - Retirement Choice
TIAA Real Estate Account [QREARX]1.02%
CREF Stock Account (R4) [QCSTFX]0.10%
CREF Social Choice Account (R4) [QSCCFX]0.07%
Vanguard Total International Stock Index Fund Institutional [VTSNX]0.09%
Vanguard Total Bond Market Index Fund Institutional [VBTIX]0.04%
Vanguard Institutional Index Fund Institutional [VINIX]0.04%
Vanguard Federal Money Market Fund Investor [VMFXX]0.11%
Vanguard Extended Market Index Fund Institutional [VIEIX]0.05%
Principal Small Cap Growth Fund I Class R6 [PCSMX]0.87%
Nuveen Lifecycle Index 2065 Fund (R6) [TFITX]0.10%
Nuveen Lifecycle Index 2060 Fund (R6) [TVIIX]0.10%
Nuveen Lifecycle Index 2055 Fund (R6) [TTIIX]0.10%
Nuveen Lifecycle Index 2050 Fund (R6) [TLLIX]0.10%
Nuveen Lifecycle Index 2045 Fund (R6) [TLXIX]0.10%
Nuveen Lifecycle Index 2040 Fund (R6) [TLZIX]0.10%
Nuveen Lifecycle Index 2035 Fund (R6) [TLYIX]0.10%
Nuveen Lifecycle Index 2030 Fund (R6) [TLHIX]0.10%
Nuveen Lifecycle Index 2025 Fund (R6) [TLQIX]0.10%
Nuveen Lifecycle Index 2020 Fund (R6) [TLWIX]0.10%
Nuveen Lifecycle Index 2015 Fund (R6) [TLFIX]0.10%
Nuveen Lifecycle Index 2010 Fund (R6) [TLTIX]0.10%
MFS Value Fund Class R6 [MEIKX]0.44%
MFS Mid Cap Value Fund Class R6 [MVCKX]0.62%
JPMorgan Large Cap Growth Fund Class R6 [JLGMX]0.44%
BlackRock Total Return Fund K [MPHQX]0.38%
BlackRock Mid Cap Growth Equity Portfolio Class K [BMGKX]0.71%
American Funds EuroPacific Growth Fund - R6 [RERGX]0.47%
Allspring Special Small Cap Value Fund Class R6 [ESPRX]0.83%

Any help you can give me would be greatly appreciated.

Statistics: Posted by Theologica — Wed Jun 26, 2024 4:37 pm — Replies 3 — Views 194

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