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Reply to "Vanguard Target Date funds (in taxable accounts) --- WHAT IS GOING ON?"
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[quote=Anonymous]Ahh thanks for posting this OP. I just looked at our investments and yup, we are caught up in this. I thought I was being smart doing a "set it and forget it" approach with the target date funds but clearly I don't know enough and it wasn't smart. I watched the video someone posted upthread which was helpful- but can someone explain to me like I'm 5 what is the best next step if we have let's say $100,000 in taxable target date funds? It sounds like we should convert them to ETFs? Are there taxes on that- I'm confused. help! [/quote]
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