Join Early Retirement Today
Thread Tools Search this Thread Display Modes
TROWE 2040 fund ?????
Old 07-04-2007, 09:09 AM   #1
Recycles dryer sheets
Join Date: Apr 2005
Posts: 118
TROWE 2040 fund ?????

Happy 4th, I received the following letter and would like some in put for the best direction for my nephew. Anyone know about Trowe 2040 or any other suggestions?

Do you knkow anything about the TROWE 2040 retirement fund? I'm looking at it right now and it seems to be getting the best reviews for someone my age looking to retire around that time? Going for roughly $20/share. Do you think if I decide to go with that one that I should set up an automatic deposit 2x's a month and invest into the account like that? I didn't see where there was a certain age in which I could withdraw b/c I know some accounts you have to be 59-70 before you can withdraw (hence your ROTHIRA AND IRA) Any info you may know I'd appreciate it. Within the next month I'm going to have all of my future finances in order...


Thanks runnerr

runnerr is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 07-04-2007, 11:04 AM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2005
Posts: 7,662
It's a good starter fund for a Roth or traditional IRA account now. I would not hold it until 2040 though. Nor would I hold it in a taxable account. TRowePrice doesn't have the lowest fees of target retirement funds, Vanguard does, but the asset allocation of TRowePrice is more aggressive.

If it is held in a Roth IRA, then there would be no tax consequences to switching to something else in few years.

LOL! is offline   Reply With Quote
Old 07-06-2007, 09:11 AM   #3
Thinks s/he gets paid by the post
Join Date: Jul 2003
Location: Pasadena CA
Posts: 2,674
LOL said it all; good in tax free/deferred, more agressive than VG and slightly higher fees. Not a bad way to start.
T.S. Eliot:
Old men ought to be explorers
yakers is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Withdrawals From Target Retirement Type Fund yakers FIRE and Money 14 02-17-2007 07:01 PM
Can anyone tell me about this fund? FFFFX FIDELITY FREEDOM 2040 DallasFH FIRE and Money 9 02-01-2007 10:36 AM
Fidelity recommendation johnbb FIRE and Money 26 10-22-2006 02:26 AM
Lingo: Stock fund vs Mutual Fund Sam FIRE and Money 9 05-26-2006 10:44 AM
Fund Comfort VS Return yakers FIRE and Money 2 11-01-2004 01:58 PM


All times are GMT -6. The time now is 08:24 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.