Vanguard Throws Some Target Date Fund Investors Under the Bus

Vanguard recently lowered the minimum investment for institutional class shares of its target date retirement funds. That seems like a good thing, right? After all, that will lower the cost of these TDR funds for some inside 401(k) and other workplace retirement accounts.

Unfortunately, the result was a tax nightmare for individual investors who owned these funds in taxable accounts. And it provides a very important lesson to us for how to manage our taxable investments.

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ABOUT ME

While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.

I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

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