Hey gang,
Inspired by this board, I recently liberated a Roth IRA worth about $39K from an investment adviser who was charging 1% to manage it and (amazingly, to me) had it spread across 14 different funds. I moved it over to Vanguard, but now I need advice on what to do with it: should I liquidate it and reinvest in Vanguard funds? If so, which ones? Or should I keep the funds with low expense ratios and only liquidate and reinvest the expensive ones? Advice would be greatly appreciated. I've included an attachment that I hope will display the 14 funds in which the money is currently invested, along with expense ratios, etc.
As for me: 44, married, 2 kids, not planning to retire early, have an additional $350K in a 401(k) that's split 70-30 between traditional IRA and Roth. I'm not expecting to need the money in the $39K Roth till I'm 70 or so, so I'm looking at a 25 year or so investment horizon. Eager to hear what the Mustachian hive mind recommends.