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IRA with T.Rowe Price now, should I move it to Vanguard later?


hi
I opened my ROTH IRA 2035 right now with T. Rowe Price because I don't have 3000 dollars to open an account with Vanguard.
When my 2035 reach 3000 dollars, should I transfer the balance to Vangaurd? Since they have smaller ratio?
As I understand, there will have some charges for me from T. Rowe Price right? Will that be a lot?
How much money I need to have in the investment in order to avoid annual service fees?


thank you very much

Both are great firms. T. Rowe Price is my favorite of the two. The way they do their "target" funds is much better than Vanguard (active funds vs. passive index's).

Stick with T. Rowe Price.

If you roll over your Roth Ira into a new IRA I don't believe there should be a charge!!! Call Vanguard and see what they can do for you. If Vanguards fees are less for the Roth over time it will definitely make more money and even if T. Rowe Price charges you a small fee should not stop you.

Both firms are excellent, with low fees. TRowe keeps a higher % of stocks as you near retirement age, I would stay with them.

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