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[quote=Anonymous]OP, one question I might ask is, before you start saving for retirement, do you have 6 months of living expenses saved for emergencies? Definitely have that first, in an easily accessible savings account. (or one you can access within a few days if you need it).

If that's true, I would go with Vanguard and set up a Roth IRA. Get it to auto-debit each month, max up to the 5k allowed, or whatever you can swing, but 5k being the ideal.

For the fund question, I find the simpler, the better.  You can look at the 2040 or whatever year retirement funds, for example, and that has a very balanced fund of stocks, bonds, etc.  Set it and forget it.  Something like these:
https://personal.vanguard.com/us/funds/vanguard/TargetRetirementList

You want the lowest costs possible with the broadest cross-section of all markets in your portfolio, so that you have the most return for the least amount of risk. Vanguard is known for its very low cost funds so you almost can't go wrong  if you just get a total market fund.  Make sure you also have both domestic and international, large-cap and small cap, etc.

I also recommend reading or following: Dave Ramsey, Suze Orman, Michelle Singletary, and reading A Random Walk Down Wallstreet or a good basic personal finance book.[/quote]

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