<prompt> Human: Heres my financial situation in summary - Im 23 and a recent college graduate. Ive been working nearly full-time throughout college and have lived with my parents the entire time. I was just promoted to Regular Full-Time and now make 23,500 a year. My employer offers matching up to 6 of my 401k contributions, so I place that amount every 2 weeks. My contribution in addition to the company matching equals about 200 a month into a Target 2050 401k fund.After considering taxes and 401k deductions, my take home pay is about 17,000 a year, 1,445month. My main expenses are car related insurance, gas, inspection, registration which after normalizing everything to one month equals about 125Month.Other Expenses include a cell phone 6month, most of the bill is subsidized by my parents, an EvE Online subscription for 10.95month, HealthDental insurance equaling 62month, and approximately 125month budgeted for eating out and food in general.All together, my after-tax expenses equal 330, leaving me with 1115month to play with. Of that balance, I make 250 monthly contributions to a Roth IRA. I reserve 745month for both savings and to save up for eventually buying a car when my current one no longer functions. That leaves about 120month set aside for me to do whatever I feel like with, guilty pleasuers or what have you.I have no debt to speak of, and 12,000 saved in the bank. Earlier this year I started 2 mutual funds, USIBX and VWHEX for 5k and 6k respectively. These are both bond funds that pay high monthly dividends and seem to be losing a lot less money that most other stocks and such.I guess basically what I would like to know is am I on the right track for a decent retirement? Also, the common wisdom seems to be that I should allocate well over 70 of my investments in stocks for someone my age, however looking at the 10 year history for a lot of funds I dont see that much of a dramatic difference between bond earnings and stock earnings. Yes stocks usually make more by about 10-20, they also fall a lot harder as well though. Am I missing something, should I begin investing more in stocks?  <response>: If your target retirement is 2050, comparing stock performance from the past ten years is the wrong timeline. Investing in stocks for the long time-horizon in your case 40 years has proven to outperform other investments, adjusting for risk. 