Hi all. I don't know much about investing so any help is appreciated. I have an IRA at my work with 4% matching from my employer. From what I have seen and read the VFIAX is very good as a "set it and forget it" account. Right now I'm 25 and I contribute 15% (salary of 72k) with 16k all in VFIAX. Is VFIAX my best option in the long run or should I look at investing in a VFIFX with a target year of 2050/2055? Right now the returns look pretty similar so I'm not sure what my best long term option would be.
Secondly, I'm not sure whether to use a traditional IRA or a ROTH IRA, right now I do 50/50. I figure it may be worth putting all of my funds in a ROTH to pay all of the taxes on my money now? Any thoughts on this?
Thank you for any help you can offer!
Submitted May 02, 2017 at 08:50AM by theimpendingloandoom http://ift.tt/2p4G0xo
