SAH
Sonic Automotive, Inc.
stock NYSE

*I didn't put this in the Rate My Portfolio thread since there wasn't much going on there (pretty quiet) so thought I'd try here. Thank you.*
A little context to help with investments:
\*I'm earning about 112k-115k a year and have a pension coming in 17 years (turning 45 this year so I plan to retire at 62) with a guaranteed $9600 to $10000 a month (plus 2% COLA). Married Filing Jointly with 3 little ones (all under the age of 10). Wife is SAH. Will likely get Social Security too but it'll be about $250-500 a month so negligible.
\*\*I started my 'job job' later in my early 30s so started a bit later than I would have preferred on investing. I do also have 50k in a well-paying HYSA (emergency fund) and started a 529 for the kiddos. No debt except for house mortgage @ 3.5% interest rate.
\*\*\*401k was started like 11 years ago. IRA and HSA investments started earlier this year.
Roth 401k currently at 139k invested total: 75% allocated in Vanguard TDF 2050 (VFIFX) @ 111k and 25% allocated in Vanguard 500 Index (VFIAX) @ 28k. I did select 2050 instead of 2045 to be more aggressive. I am contributing 10% of income to this with 1% increments each year in Sept. and I receive a 4.5% employer match.
Fidelity Roth IRA: 51% allocated in FIPFX ($5600), 23% allocated in FSKAX ($2557), 12% allocated in FTIHX ($1377), and 13% allocated in FXAIX ($1400). Like $500 contributed monthly.
HSA: Vanguard Total World Stock ETF (VT) @ $3460. Rest is sitting in account for medical emergencies (makes the wife feel better along with not putting more than 50k in HYSA... for now).
I have read an insane amount of posts in this sub along with Bogleheads (I wanted some international stuff to be covered) and some others. I ran this through AI too and it tells me there is overlap. Maybe I should just simplify more? My goal is more a 3 fund portfolio but again I'm open to some sound risk (no single stocks). Aiming for 1.5 million by the time I retire.
I like ETFs and index funds. Just wondering if I have too many redundant assets and under the "illusion of diversification".
What would you change in either the 401k or IRA? Can I go much more risky (equities) due to the pension? Ditch the 401k TDF? Leave everything alone? Your thoughts, anyone? TIA

A little context to help with investments:
\*I'm earning about 112k-115k a year and have a pension coming in 17 years (turning 45 this year so I plan to retire at 62) with a guaranteed $9600 to $10000 a month (plus 2% COLA). Married Filing Jointly with 3 little ones (all under the age of 10). Wife is SAH. Will likely get Social Security too but it'll be about $250-500 a month so negligible.
\*\*I started my 'job job' later in my early 30s so started a bit later than I would have preferred on investing. I do also have 50k in a well-paying HYSA (emergency fund) and started a 529 for the kiddos. No debt except for house mortgage @ 3.5% interest rate.
\*\*\*401k was started like 11 years ago. IRA and HSA investments started earlier this year.
Roth 401k currently at 139k invested total: 75% allocated in Vanguard TDF 2050 (VFIFX) @ 111k and 25% allocated in Vanguard 500 Index (VFIAX) @ 28k. I did select 2050 instead of 2045 to be more aggressive. I am contributing 10% of income to this with 1% increments each year in Sept. and I receive a 4.5% employer match.
Fidelity Roth IRA: 51% allocated in FIPFX ($5600), 23% allocated in FSKAX ($2557), 12% allocated in FTIHX ($1377), and 13% allocated in FXAIX ($1400). Like $500 contributed monthly.
HSA: Vanguard Total World Stock ETF (VT) @ $3460. Rest is sitting in account for medical emergencies (makes the wife feel better along with not putting more than 50k in HYSA... for now).
I have read an insane amount of posts in this sub along with Bogleheads (I wanted some international stuff to be covered) and some others. I ran this through AI too and it tells me there is overlap. Maybe I should just simplify more? My goal is more a 3 fund portfolio but again I'm open to some sound risk (no single stocks). Aiming for 1.5 million by the time I retire.
I like ETFs and index funds. Just wondering if I have too many redundant assets and under the "illusion of diversification".
What would you change in either the 401k or IRA? Can I go much more risky (equities) due to the pension? Ditch the 401k TDF? Leave everything alone? Your thoughts, anyone? TIA