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I finally switched from a target date fund to managing my own three-fund portfolio.

My advisor said it was 'set and forget' but after reading the Bogleheads guide, I saw the 0.75% fee difference. Anyone else make this switch and have tips on rebalancing?

2 comments

2 Comments

perez.cole4d ago

Good move on catching that fee. A target date fund is still a "set and forget" option, just a more expensive one. Rebalancing once a year is plenty for most people.

jake_mason304d ago

Sure, the fee adds up, but @perez.cole makes a fair point about the set and forget ease. For someone who really does not want to log in and move things around, that cost might be worth the peace of mind. Yearly rebalancing sounds simple, but life gets busy and people forget.