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Subject:  Re: Thinking about retirement...plans Date:  1/31/2004  12:06 PM
Author:  2old4bs Number:  38860 of 78168

Congrats on paying down that cc debt!

I just went on the Vanguard website and looked up the Vanguard Institutional Index Fund (VINIX). I don't know if this is exactly the same as the one that's offered to you, but it's probably close. According to Vanguard this fund tries to match the S&P500 index and it's expense ratio is .05 (don't know if you can find anything cheaper than that). Check the prospectus you have to see if it's the same one, or close.

Also found a 'Wellington' fund (VWELX), but again yours might be slightly different. This one was a balanced fund of stocks (60-70%) and bonds (30-40%). Claims to be the nation's oldest balanced fund. The bond holdings have an average maturity of 5-15 years. It's always best to check the actual prospectus and see what their current bond holding maturity is. The Expense Ratio is .36 and it has a yield of 2.36%.

Since you're still young, you might not want to hold anything in bonds, so the Institutional Index Fund might be better for you. Also, if interest rates rise, bonds with