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(I'm also asking about this in the Mutual Funds board...)

I sat down with my mother-in-law last night to discuss how she should set up her 403(b). Didn't have much time to do deeper research, so I was stuck with prospectuses and 4-color glossies.

Anyway, She had the following options: TIAA-CREF, Fidelity, and some other fund company I'd never heard of. Tossed out company (c). Then I looked at the CREF "accounts". They had expense ratios around 0.3%, and their performance looked market-matching, at least (see below).

She is planning to retire in 15 years, and wants agressive growth (I asked her, "What would you do if you lost half your investment tomorrow?" Her answer: Who cares, since I'm in for 15 years. Hooray for her!). So I suggested about 80-90% equities and the remaining in bonds. Choosing from the CREF funds, we picked:

CREF Stock ($100B in assets, 2/3 indexed, 1/3 actively managed - essentially a whole-market index fund)

CREF Equities Index (tracks either the S&P500 or Russell 3000, can't recall at the moment).

Her pick of two CREF Bond funds.

Anyway, to make a long story short, I'm now wondering how I did. TIAA-CREF isn't tracked by Morningstar or Lipper, so I was wondering if any of you Fools in Education have experience with the company, stories to tell, or other helpful info.

Anything you know will help!


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