[arcticbull]

Retirement accounts can just as easily invest in Vanguard funds, side-stepping the 'high management fees' issue of target-date funds. Picking is more dangerous when you're playing to retire vs. playing to build wealth. Further, your asset mix should become more and more conservative over time.

[Spooky23]

It depends on how you define conservative.

The typical guidance is to shift towards bonds and short-term instruments in a fund or ETF over time. The problem with that is that the yields have been poor for many years.

A nominally safe investment like the Vanguard Short Term Gov Bond ETF is down in real and nominal terms over the last decade.

[ironjunkie]

That depends on your 401k. I agree that if you can switch to one with vanguard funds that's definitely the most optimal

[arcticbull]

I was suggesting rolling over at the first opportunity into an IRA