scootergmc
old and slow
Why do you think an age based fund can miss out on growth? Bond allocation too large towards the target date?
Yes, that's an example, but assumptions are different for everyone. Imagine missing out on the last 5 years of aggressive/large growth with a kid starting college this year, but it's different for everyone. Time horizons, contributions over time, etc. If I had to do it over again, I would've lump sum'd when they were your kid's age in an age-based, rather than DCA starting later on. There are other reasons for this too, as the funds can be used for all sorts of educational purposes (not college) while in high school, etc. Your kid wants to get a pilot's license? 529. College classes while in high school? 529. Computers? 529. Kid doesn't use it? Change the beneficiary. There are lots of things to consider, but it isn't rocket science. The sooner you start, no matter, the better you'll be.