Hi! My kids are getting an inheritance and i opened up a UTMA account for them. The target date funds only go to 2065 right now correct? Should i just do a 2065 target date for them even though they won’t retire until at least 2082? or are there better options for kids this young?
Hi @Leakes! That’s a good question!
If you haven’t seen this already, PFC has an article on Investing for Kids and the various account types that can be considered.
As far as what to invest in, this PFC article provides a good overview of simple portfolios that can be built.
I hope this is helpful! Keep us posted if there are any other questions.