[USER]

I will enroll in a retirement account for the first time. I have no experience or idea in stock market or anything related to this so I would greatly appreciate your help with any advice, tips, suggestions or recommendations.

I’m in my late 20s so retirement won’t be until 20+ years. My employer uses ADP

[Daniela]

Vanguard 500 Index Fund – Admiral and put it at 100% – from another 20 something who also has ADP.

[Larry]

I would just keep it simple and go with an 100% allocation to the Vanguard 500 Index Fund Admiral Shares.

[Andrea]

I’d do 50% in the target date fund with the latest date (as that will naturally turn more conservative over time & is diversified in itself) and 50% in the vanguard 500 index fund, which mimics the overall S&P 500 market.

[Bill]

Easy choice: Vanguard 500 Index Fund – 100%
Max annual contributions as early in your career as you can and never look back.

[Cody]

Well done! Assuming I have the risk tolerance to stay invested long-term (11+ years) regardless of short-term outcomes, I invest in 100% equity (stock).

The FI community will likely recommend the S&P 500 fund plus some small and mid-cap index funds.

I personally add developed international markets to be globally diversified.

1-4 funds at the most. Your plan has amazing options!

[Author]

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