I am about to start saving for retirement and have a couple questions. My pre-tax income will be 68.5k (about 76k after bonuses) and I am not eligible for company 401K until one year of work. Right now my plan is to max out a Roth IRA. I plan on using Vanguard, but cannot decide whether I should choose my own index funds or go with an index target retirement fund. My biggest question is the current fund I'm looking at ends in 2065, which would put me at 62. Initially, I plan on working until 65-67 so what do you do with these funds once you hit the target date? Do you simply just put into another fund (bonds most likely) until ready for retirement? I'm also wondering if the target retirement fund is even the right route to take. Thanks for any advice
Submitted August 12, 2017 at 03:06PM by scd129 http://ift.tt/2vxfDEJ
