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sch8209 t1_j2dmcaj wrote

Good questions. The target date funds will provide ample diversification and you have access to really good target date funds. If you want to be more aggressive you can select a target date that is 10 years beyond your actual desired retirement date.

Ideally you want fees that are at 0.10 or lower. I'd recommend not going above 0.50 for any funds.

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athminbri OP t1_j2dokc7 wrote

Thank you! Since I only have a few hundred invested right now, the fees don't seem that high but I know it will add up over time. This helps! Plus, I'm still not clear on how those fees are calculated, the frequency, etc. But that's a question for later, when I know more about all of this stuff.

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JamminOnTheOne t1_j2ete0y wrote

You don't see the fees directly (it's not like you get billed or have it deducted from your balance). The fees are paid out of the fund's assets, and so they're an invisible drag on your returns. If the fees are 0.10, that means that 0.10% of the fund's total assets are paid out as fees every year, and from your standpoint it will look like the return on the fund is 0.10% worse than the underlying investments.

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