How much money do you think Alice should put aside for her retirement
account? Recall that the federally mandated limit for her individual contributions is $18,000 per year and that northwestern can match her contributions up to a total contribution maximum of $54,000.
List the critical criteria Alice should consider in deciding which mutual fund or funds to invest in.
Which fund or funds should she invest in and why? (if you recommend multiple funds you do not need to state how much she should invest in each fund, only which funds she should invest in)
What do you think about the set of tier 2 and 3 funds available for her to invest in? do you think the collection of funds in each asset class are good offerings? If not, what would you change? Do you think the selection is adequate or should more funds be offered? Why?
What role, if any, did fees play in your determination of Alice's portfolio?