Originally Posted by
GEARPINSOUT
You could always just DIY and throw it into a target date date or fixed allocation fund. I've found that the simpler the portfolio, the less I'm inclined to mess with it. I use a two fund portfolio. I don't want to pay an advisor 1.5% for the next 30 years as it will probably eat up more that the benefit. But that's me, maybe I'm wrong, we'll see in 30 years if it's rice and beans or champagne and caviar!!
My issue with target date funds is they have higher fees than plain index funds even though they are just a bunch of index funds thrown together using the simple age + x formula to determine the stock/bond ratio. You could build your own with the index fund choices and pay less fees. With millions in an account even a few basis points of fees really add up.