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Admiral shares come in at 10k for most of their funds. E.g. VTSAX has the 0.04% ER and a 10k minimum, while the Investor class is at 0.14% (VTSMX). https://in

Admiral shares come in at 10k for most of their funds. E.g. VTSAX has the 0.04% ER and a 10k minimum, while the Investor class is at 0.14% (VTSMX). https://investor.vanguard.com/mutual-funds/fees https://investor.vanguard.com/mutual-funds/fees > Admiral Shares > * $10,000 for most index funds and tax-managed funds. > * $50,000 for most actively managed funds. > * $100,000 for certain sector-specific index funds.

TheCoelacanth 8y ago
Does that include target retirement funds and the like that include a mix of different asset classes? Last time I looked I didn't think it did, so you would need more than $10k if you want to do the sensible thing and not have 100% of your assets in stocks.
- froindt 8y ago
  The target date funds seem to have a 1k minimum with an ER of 0.13-0.15%. [1] There are no admiral shares for target date funds. Across their other mutual fund offerings, investor shares generally have a similar expense ratio to the target date funds with a 3k minimum. When I was getting started, it took awhile before I was diversified beyond a single fund (currently not using the target date funds), then eventually getting up to admiral shares. > Last time I looked I didn't think it did, so you would need more than $10k if you want to do the sensible thing and not have 100% of your assets in stocks. Looking through all their target date funds, none have more than 90% stocks. The 2015-2040 funds have 60% to 15% bonds, with all later dates at 10%. [1] https://investor.vanguard.com/mutual-funds/list#/mutual-funds/asset-class/month-end-returns https://investor.vanguard.com/mutual-funds/list#/mutual-fund...
  - TheCoelacanth 8y ago
    Right, target date retirement funds are never 100% stocks because only a crazy person would have a portfolio of 100% stocks. You can't have a sane portfolio of admiral shares with only $10k because you would have to be invested 100% in a single asset class which is never a good idea.

TheCoelacanth 8y ago

Does that include target retirement funds and the like that include a mix of different asset classes? Last time I looked I didn't think it did, so you would need more than $10k if you want to do the sensible thing and not have 100% of your assets in stocks.

froindt 8y ago
The target date funds seem to have a 1k minimum with an ER of 0.13-0.15%. [1] There are no admiral shares for target date funds. Across their other mutual fund offerings, investor shares generally have a similar expense ratio to the target date funds with a 3k minimum. When I was getting started, it took awhile before I was diversified beyond a single fund (currently not using the target date funds), then eventually getting up to admiral shares. > Last time I looked I didn't think it did, so you would need more than $10k if you want to do the sensible thing and not have 100% of your assets in stocks. Looking through all their target date funds, none have more than 90% stocks. The 2015-2040 funds have 60% to 15% bonds, with all later dates at 10%. [1] https://investor.vanguard.com/mutual-funds/list#/mutual-funds/asset-class/month-end-returns https://investor.vanguard.com/mutual-funds/list#/mutual-fund...
- TheCoelacanth 8y ago
  Right, target date retirement funds are never 100% stocks because only a crazy person would have a portfolio of 100% stocks. You can't have a sane portfolio of admiral shares with only $10k because you would have to be invested 100% in a single asset class which is never a good idea.