<prompt> Human: Details:35 yo married to 30 yoI have a 401 k with 6 match I actually contribute 10 and a Roth additional 5 of salary started at my company. Combined I am saving about 21 of my salary. She has a 403b which she also matches exactly at 5. So a total of 10 of her salary. We went to a financial advisor to see what other options we had outside our company plans. Both company plans are Target Funds 2045 and 2050 respectively. We are expecting our first kiddo so we wanted to start planning for college as well.There feedback: Create a Joint Brokerage account investing in American Funds American Balanced C. Create each an IRA investing in Delaware Small Cap Core C. In terms of College Section off a part of the Joint to be set aside for college Start a MO 529. My Questions:I feel like the funds selected have high FeesExpenses: American Front End NA, Deferred 1.00, Mgmt Fee .22, 12b1 1.00, Gross Expense ratio 1.37: Delaware Front End NA, Deferred 1.00, Mgmt Fee 0.68, 12b1 1.00, Gross Expense ratio 1.93Has anyone had experience with either of these funds?However, even reading through and trying to understand my best through other posts on this group my perception is skewed with ignorance. It is my understanding that with the creation of 3 accounts 1 Joint and 2 IRAS that I would actually be paying 3 times the amount listed above. Over a few decades that is a considerable amount of money I am losing. Any advice or different perspective is hugely welcomed. Thank you.  <response>: You didnt go to a financial advisor. You sat down with a mutual fund salesperson. They werent advising you they were trying to sell you their overpriced funds in the hopes you dont have a working brain.It sounds like you do have a working brain. You can get way cheaper mutual funds with better performance than by going with American Funds.In the 35 years I worked and invested I sat down with 6 guys who called themselves financial planners. Each one gave me the same advice, sell everything I had and buy their mutual funds. Not a one of them mentioned the tax consequences of selling a taxable account with 20k, then 50k, then 100k in capital gains. Not a one. Do you think I was getting financial advice.My advice, sit down with a CPA and plan where to put which assets over the next 30 years. Sit down with herhim again several years before you plan on retiring. I dont like target date funds simply because they hold bonds and now is not the right time in the bond cycle to be buying them and neither of you are old enough to need them. 