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Originally posted by Munchkin03
In my field (Architecture/Conservation), most of the employers are small businesses that do not offer much in the way of retirement benefits.  Eventually, I will work for a larget company that does offer 401(k) or retirement savings plans, but I'd like to get started now.
Rudey, do you know anything about Vanguard's Target 2045? I know there are others like it, but Vanguard sounds the best for me. It doesn't have a contribution limit like the IRAs do.
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I don't know about it that much but that is a fund. It's not an IRA. Think about it like this.
An IRA is a type of brokerage account essentially. You can invest in anything traded publicly within that IRA account. One of the items you can invest in is the Vanguard fund you mentioned.
I don't make investment recommendations to people, but I don't think anyone should invest in one fund, one company, one sector, or one product group.
-Rudey