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LenzoQ t1_iughen2 wrote

Reply to comment by grokfinance in Not selling anything, but is anyone reducing their 401k contributions? by oizysplutus

Thanks šŸ™Œ I meet my company match for my 401k and put what I can when I can towards my Roth IRA. Iā€™m investing in a target date fund of 2060 for both. Can I just let it sit without having to look at it?

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grokfinance t1_iugi40b wrote

Yes, that will work. Just make sure the target date fund isn't too expensive (ideally expense ratio as low as possible - anything above ~0.30% I'd be switching for a total stock market index fund which will charge you like 0.04%) and isn't too conservative (low allocation of bonds, or ideally, in your 20s and 30s probably no bonds).

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