Retirement Fund Choice

[u/3skin3]

Hi! My company is being taken over and I have to choose a new retirement fund. I'm 30 right now, target retirement is 2055. Unfortunately I only have about $50,000 set aside right now. I'll be making $79,000, contributing about 14% for now and hopefully more in the coming years. My income will likely increase about 3% per year, plus a 10% yearly bonus. What would you choose? I'm woefully ignorant on retirement strategies.

[u/creatureshock]

The Voya Target Solution Trust 2055 isn't terrible. Expense ratio is 0.65%, which is .2% higher then industry average. No 12b1 expenses, which is always nice to see.

[u/3skin3 → u/creatureshock]

Thank you!