| I have been investing in a lifecycle fund inside my employer's 401(k) but just realized that the expense ratio is .66%. I'm still pretty young (34) and could invest in a fund that follows the S&P 500 that has a lower expense ratio....Would you switch your money? |
| Yup. |
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It's a little high but at some point the asset management of a lifecycle fund might be worthwhile.
You should pick your asset allocation first and then pick your investment options. Don't go 100% large cap equities simply to save $10/year. |