<prompt> Human: Just opened an Roth IRA. I am 26 and maxed out my contribution at 5500 for the 2014 tax year.My appointed financial advisor decided on a target date fund 2055 through American Funds.Is this the way to go? How much more should I invest in this?How does this compare to Vangaurd? Was also looking at more local mutual funds that are doing well Mairs and Powers that have good balanced funds as well as emerging growth. What do I do? Thanks in advance!  <response>: target date fund 2055 through American Funds.That has an expense ratio of .89.For comparison, the Vanguard 2055 Target Date Fund has an expense ratio of .18. My appointed financial advisorHow much is this person costing you?I dont see the need for you to have a financial advisor to put your limited amount of money into a Target Date Retirement Fund. You can handle your own investing without one. 