Do you think a Robo-Advisor is necessary for a set it and forget it strategy?

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  • April 18, 2024 at 4:02 pm #94936 Reply
    USER

      I have a Roth IRA and traditional IRA with Vanguard. I set up the Robo-Advisor and have holdings in VTI and VXUS. I’m not willing to dive in and regularly adjust anything, but honestly, do we really need to? If I don’t have the mental energy to spend on tweaking things is a Robo-Advisor important? Is it simple enough to just choose VTI or whatever on your own and not pay the higher fees? I’m >25 years from retirement for reference.

      April 18, 2024 at 4:02 pm #94937 Reply
      Nicholas

        Of course not. Just go with VOO or VTi and chill.

        April 18, 2024 at 4:02 pm #94938 Reply
        Drew

          It is simple enough to just choose VTI or whatever on your own and not pay the higher fees.

          April 18, 2024 at 4:02 pm #94939 Reply
          Tom

            Easiest path is to put it all and DCA in the future with an index fund that mirrors the total market or S&P 500.

            April 18, 2024 at 4:02 pm #94940 Reply
            Joel

              Advisors are never necessary…

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            Reply To: Do you think a Robo-Advisor is necessary for a set it and forget it strategy?
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