Hello everybody, new to posting here. When I turned 18, I decided to open a Roth IRA with TRowePrice, and every year since have been putting money away into the Roth. (If anybody is familiar, it is specifically their blue chip growth fund)
Upon reading many comments and post in investing, personal finance, FIRE, and FatFIRE, it seems that nobody recommends TRowePrice for their mutual funds due to higher fees than their competitors. Compared to my peers I felt like I was way ahead of them. However, compared to the finance community of Reddit, it seems like I might have made the wrong choice. My question is this: Should I continue to use TRowePrice for my Roth moving forward? And if not, could somebody give me some insight into what the next step might be?
A little background on me and my future financial goals. I graduate college December 2019 with an Engineering degree, and my long term girlfriend graduates when I do with a MAcc. We both have jobs lined up in the same city (Denver) for 67k and 57k respectively (we go to school in GA, my company is paying to relocate us so the move is not something to worry about)
I will be contributing atleast 15% into my 401k and I get a 6% dollar on dollar match. I will also be maxing out my Roth IRA. My SO has ~50k of student loans (I have 0) so we would like get those paid off ASAP before going crazy investing. I would like to FIRE one day, and since I am young, I would like to start this process “right” (if there is such thing as a right way to do it). Any advice or recommendations would be greatly appreciated! Thank you all in advance!
Submitted May 05, 2019 at 09:03AM by Spatty-Cos0 http://bit.ly/2ZZqtSA