I have $300/month to invest. Where do I start?
Expense ratio realization: I was in a target date fund with 0.75% ER. Switched to same fund at 0.12% ER. That difference on $50k over 30 years at 7% is over $80,000.
28 Comments
Not financial advice but I'm doing the exact same thing.
Been saying this for years. Nice to see it laid out clearly.
The compounding at year 20+ is when it gets really wild.
Been saying this for years. Nice to see it laid out clearly.
Good luck! Keep us updated.
The psychology of money matters as much as the math.
The psychology of money matters as much as the math.
What's your target withdrawal rate in retirement?
I was skeptical at first but this changed my mind.
Love the transparency. This community needs more of this.
This is a masterclass. Bookmarked.
Counterpoint: what happens if rates stay elevated longer?
What brokerage are you using for this?
This is the post I needed. Exactly my situation.
The fee math always surprises people when you actually do it out.
The exit strategy is what most people don't think about.
This is a solid framework. Saving this post.
This is exactly what I needed to read today.
Counterpoint: what happens if rates stay elevated longer?
What's your thoughts on the downside risk here?
What catalyst are you watching for?
I was skeptical at first but this changed my mind.
Have you stress tested this against a 40% drawdown?
Fees really do compound in the wrong direction.
Love the transparency. This community needs more of this.
This is the post I needed. Exactly my situation.
What catalyst are you watching for?
Any thoughts on doing this in a taxable account?
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