My employer used to offer only Fidelity and TIAA-CREF, so I went and started my own Roth IRA with Vanguard Total Stock Market Index (VTSAX). However, my employer switched companies and now I can get the Vanguard 2045 fund. My question is, which one should I put my money in? At this point, I can't max out my 403b, but I can put in about 7K to 8k a year. Here are the differences:
VTSAX:
Expense ratio: 0.05
10 year yield: 8.55
Since inception (11/13/00): 5.81
VTIVX:
Expense ratio: 0.18
10 year yield: 7.64
Since inception (10/27/03): 8.10
The YTD is higher for VTIVX and that has a higher return since inception. Also, VTIVX has 62.2% of the Total Stock Market Index Fund (but not the admiral share, which starts at $10k minimum). However, the VTSAX has a lower expense ratio.
I'm a novice at investing, so I'd love to hear your advice. Thank you.