I apologize if this thread is redundant. A search didn't reveal any discussion of these specific funds since 2006.
I'm planning to retire in 25 years. My husband and I have little saved so far. I was going to go with Fidelity Freedom 2040 but then saw an old thread here commenting on the much lower expense ration of the Fidelity Spartan Index Fund, which I also see outperformed the Freedom 2040 over the last 10 years.
The Fidelity rep recommended Freedom 2040. I'm kinda at others' mercy b/c I know so little about money management I can have no valuable opinions That's why I'm here!
What would you recommend? Do you think the Freedom 2040 is likely to outperform the Spartan Index Fund over a longer horizon (25 years)? Are they both good choices? Any help is appreciated!!
Thanks!
I'm planning to retire in 25 years. My husband and I have little saved so far. I was going to go with Fidelity Freedom 2040 but then saw an old thread here commenting on the much lower expense ration of the Fidelity Spartan Index Fund, which I also see outperformed the Freedom 2040 over the last 10 years.
The Fidelity rep recommended Freedom 2040. I'm kinda at others' mercy b/c I know so little about money management I can have no valuable opinions That's why I'm here!
What would you recommend? Do you think the Freedom 2040 is likely to outperform the Spartan Index Fund over a longer horizon (25 years)? Are they both good choices? Any help is appreciated!!
Thanks!