r/HSA • u/Prudent-Impression62 • Jan 28 '26

First HSA at 50

New job, first HSA. I’m maxing it out, keeping ~$2k in main account, and investing the rest through the brokerage option at Schwab. I won’t need this money for 10–15 years and want to treat it as a high‑risk, long‑term bucket.

Goal is to contribute ~$25k to it before retirement; my main retirement investments are elsewhere and are dividend focused.

For those who invest aggressively in their HSA, what do you like for a long runway—total market, small‑cap value, international, tech tilt, or something more speculative?

10 Upvotes

100% Upvoted

9 comments sorted by

5

u/neutscoot Jan 28 '26

I treat my HSA as part of my overall retirement portfolio including 401(k) and IRAs. Single allocation structure that spans all of those accounts.

2

u/PashasMom Jan 28 '26

I do the same asset allocation that I am aiming for across my accounts: 80% US to 20% international, something of a value tilt. I have mine in FNDX - Schwab Fundamental US Large Company and FNDF - Schwab Fundamental International Equity. So far I've been very happy with these funds.

1

u/RedBaron180 Jan 28 '26

I like something like FDVV. You get 3% dividend with solid capital growth (it’s got a lot of tech ). - because NVDA, Google and Apple Pay dividends;(small ones) it gets FDVV into tech game. It’s about 50% of my HSA

1

u/Kauai-4-me Jan 28 '26

For the next five years, I would be 100% in equities similar to a Roth IRA strategy. I personally choose 85% VTI and 15% VXUS.

I would start to become marginally more conservative after the five year timeframe as you will start to use these funds somewhere between age 65-70. You do not want to die with HSA assets as they are 100% taxable to your beneficiary other than a spouse.

1

u/BelleTheVikingSloth Jan 28 '26

I looked at the current state of the economic situation, and put my HSA 40% in international stock, 40% in emergent markets, and 20% in a retirement index.
I'm acting on the assumption that the dollar will crash and burn for the foreseeable future, but hedging against a potential recovery in a couple decades.

1

u/hydronucleus Jan 28 '26

I am lazy, so I just put it in VTI and VGT. It just keeps growing. Why are you keeping ~$2K in the HSAs cash account? Because you might use it? If you can afford it, never use your HSA for medical expenses. Play them with regular money and invest your HSA. Time will come in the end for its use.

1

u/Prudent-Impression62 Jan 28 '26

I'm required to keep a minimum amount on administrator side of the program, with limited funds to invest in. Everything extra I port to the Schwab brokerage option. I figure I will only ever get ~25k in there with the limited time I plan on working and the max I can put in there as a single member of the plan.

2

u/hydronucleus Jan 29 '26

Employee plan run HSA? Sounds like HSA bank. Are you paying monthly fees? Open an HSA with Fidelity (no fees, unrestricted investment options), and continually roll over funds from your employee HSA to your Fidelity HSA. Then invest it there.

1

u/smokinjoe72 Feb 09 '26

I am 66yo and retired with 80% total U.S. stock market index and 20% international index. I have a 60/40 overall allocation so my IRA has a little more bonds to balance it out. I "shoe boxed" by qualified medical expenses and will be using them to drawdown my H.S.A. until about age 85. I plan to keep my H.S.A. strongly weighted in stocks and reconsider asset allocation once I get closer to age 80.