3 ms·

That said, why do you think your robo advisors will be better at this than Vanguard's target retirement funds?

• roger_lee 11y ago
  For 401k plans that have access to Vanguard's target date funds, they can be a decent choice. Unfortunately, the majority of 401k's don't even offer Vanguard as an option -- instead, employees are stuck with high-fee mutual funds because they give kickbacks to the 401k company. That said, employees using our investment advice get additional diversification (6-7 asset classes), as well as a more personalized recommendation that takes into account not just your age, but also your risk tolerance, financial situation, other investments, etc. We think that's better than a one-size-fits-all fund.
  • vonmoltke 11y ago
    Guess my wife and I have been lucky. My 401ks have always offered good funds, and hers is actually managed by Vanguard.