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By Terry Savage on October 22, 2025 | Financial Planning / Retirement

My daughter is 24 years old and working her first professional job.
She opened up a 401 K. I’d like her to seek professional advice to begin a portfolio. Based on her age, shall she seek out a personal advisor or simply work with an advisor through Vanguard.

Terry Says

Wait — if she has a 40l(k), and is contributing to it, she has limited choices inside the plan. She should stick with the S&P 500 stock index fund, and keep contributing to it from every paycheck. She does not need a financial advisor to do that!

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