What about OLD FOLKS???

[frujinator]

Ok question to all you financial guru's and Retiree's, I need some experienced advice here.

A few weeks ago I found out that both my parents had some sort of retirement accounts stashed away at some Fidelity Advisor Fund(which sucked) and in some Provident National Life Insurance Company(sucked too).

So I transferred their assets to Vanguard, both into separate accounts. My mom's is a Rollover IRA and my dad's is a SEP-IRA.

My mom is 45, and only has $1600 now in her Rollover IRA. Now she might be putting more in, but slowly and surely. I put her on the TARGET RETIREMENT FUND 2025.

My dads is about $2000, and I too put him into Target Retiremetn 2025. He is 48.

Since they are a bit older, and have decided very late to start thinking about their retirement(I pushed them to transfer assets to Vanguard), but I'm not sure what they should invest them which will help them gain some retirement ground in the next 10-15 years?

Any advice is appreciated.

Thanks!

-Fruji