Quote:
Originally Posted by lewdog
Target date index fun if they have one would be my suggestion too.
However, my work 401k didn’t get any index funds until 2 years ago.
His bigger decision will be how much he can/should put in a year if he’s really got no other investments and is mid to late 30’s. He’s gonna have to makeup some ground there and should think about maxing if able but that student loan debt is basically a second mortgage payment.
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Target funds typically charge higher fees/expense ratio and are more conservative than necessary. A 2055 or 2060 target fund likely still has near 30% bonds and fixed income which is too high.