Is Wealthfront a viable option for someone who is 60?

Discussion in 'Ask any question!' started by Raz, Mar 24, 2024.

  1. Raz

    Raz New Member

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    I mean , is something like Wealthront's robo advisor capable of bringing in returns that are worth it in a shorter time frame if you are 60 years old? Or is it just too late for something like this? thanks
     
  2. Gray Wolf

    Gray Wolf Well-Known Member

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  3. Raz

    Raz New Member

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    So you think Schwab is better choice? But i mean , can you make any significant gains in a shorter time? I had a few grand in a Betterment robo invest , but only lost a little over a few years. Also I read somewhere that Schwab does not use your entire cash balance invested, i guess meaning they keep some of your cash in the account, like 10% or so. Basically though , can you earn more money in a robo invested account than with a high yield savings account?
     
    #3 Raz, Mar 24, 2024
    Last edited: Mar 24, 2024

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