I have always been a huge fan of Vanguard over Fidelity.
Vanguard has significantly lower fees. Fees matter!
They are structured as a mutual company and put their clients first.
They continue to innovate with new products.
They have some great LifeStrategy funds that give you great diversification in 1 fund. Simple!
60 stocks/40 bonds- Vanguard LifeStrategy Mod Gr. VSMGX - expense .14%
40 stocks/ 60 bonds - Vanguard LifeStrategy Conservative Gr. VSCGX - expense .13%
By contrast, Fidelity is very expensive and consistently puts the interest of the Family (the Johnson Family are billionaires!) before everyday investors. Some people even pay Fidelity 1% additional fee to manage their money!
Take your money someplace else. Hire someone who is fee only (not fee based) and a fiduciary for YOU!
Read this scathing article from Reuters!
How the owners of Fidelity get richer at everyday investors’ expense - Reuters
Good luck!