Update: I switched from a high-fee target date fund to building my own simple three-fund portfolio
For years, I just threw money into the target date fund my 401k offered. The statement said it had a 0.75% fee, which I didn't think much about. After reading a basic book on index funds, I did the math on what that fee would cost over 30 years. It was shocking. Last quarter, I moved everything. I built a simple mix with a total US stock fund, an international fund, and a bond fund. The combined fee is under 0.10%. The difference in my quarterly statement is already noticeable, and the control I have feels way better. I wish I'd done this a decade ago. Has anyone else made a similar switch and noticed a real difference in their growth?