MichaelRpdx wrote:You need to switch employers more often.Triple digit golfer wrote:This is all fine and dandy, but good luck to the average investor in having access to these funds in their 401(k)s.
Like me. 50% of my retirement money is in my 401(k), the other half an IRA at Vanguard.
I know your pain. Fortunately, my employer offers VG Target retirement and VG International funds in the 401(k). As it is, only 25% of my savings are there. Lobbying with HR to get a change in the 401(k) plan sounds like your only real option.
He might want to check closely with his 401K materials. Our 401k isn't great like most in the industry but
we have a provision that allows us to move our money to Schwab through a PCRA (Personal Choice
Retirement Account) and I move all my allocations to Schwab each month and don't invest in any of the
401K choices... This PCRA was not well known to most of our employees and was not publicized
during 401k meetings. Several of us had to discover how it worked and get all the paperwork
done to move the money. Now the TREVH portfolio is easy to set up and easy to maintain.