conversation: User (Steve-C2): "I finally bit the bullet and set up a 401(k).\n\nIdeally, I'd like best possible growth on it in a short period of time - both because I haven't been able to put anything in before now and because I can't put much in right now.\n\nRight now it's set up as 5% Roth, invested 5% [fixed income](https://www.voyaretirementplans.com/fundonepagerscolor/028.pdf), 90% [Vanguard 500 Index Fund](https://www.voyaretirementplans.com/fundonepagerscolor/899.pdf), and 5% [Vanguard Total International Stock Fund](https://www.voyaretirementplans.com/fundonepagerscolor/9889.pdf).\n\nSuggestions?  Unfortunately increasing contributions is not currently an option; it was all I could do to set aside the 5%."
  Self: "Check out the targeted retirement funds. Based on where you plan to retire, they adjust the risk. "
  User (Steve-C2): "They also charge a "noticeably higher" fee than other funds.  The funds I picked were based on being low fee - as well as hopefully meeting my goal of being able to save something and have it grow.  I honestly didn't think that any of the target date funds would accomplish what I was hoping to."
  ruralcricket (ruralcricket): "Hmm. Vanguard's 2045 fund charges 0.16% which isn't too shabby. "
  User (Steve-C2): "It's a lot compared to Vanguard's 500 Index which is 0.04%."
  monkeyman88956 (monkeyman88956): "Its higher but the two funds have different goals and different risks. 0.16 is still a good expense ratio."
  