Morals and investing for retirement

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MAV0524

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How should a Catholic invest for a retirement while still acting in good conscience? I’m 26 and have started to get serious about saving for retirement while I’m single with disposale income/

I’m a big fan so far of low-cost index mutual funds. I’m invested in an IRA Vangaurd 2055 target fund and an SP500 index fund in my work retirement fund. The upside of these investments is that they have low expense costs (.2% to .5%). The downside is that you are likely investing in companies that derive significant revenue from immoral serivces (porn, contraception, bad movies, etc.).

One could invest in some Catholic mutual funds that have some moral guidelines in chosing investable companies. However, they are generally actively-managed funds with 1.5% expense ratios or so. The expense ratios seem to be a bit a rip off.

Also, if in your retirement plans at work you only have fund options that apply no moral guidelines, do you have any moral fault if you invest in them anyways?

P.S. I don’t have the time, large $ ballance, or desire to pick individual stocks on a regular basis.
 
Try Ave Maria Mutual Funds…average of 1% expense ratio, totally Catholic.
 
How should a Catholic invest for a retirement while still acting in good conscience? I’m 26 and have started to get serious about saving for retirement while I’m single with disposale income/

I’m a big fan so far of low-cost index mutual funds. I’m invested in an IRA Vangaurd 2055 target fund and an SP500 index fund in my work retirement fund. The upside of these investments is that they have low expense costs (.2% to .5%). The downside is that you are likely investing in companies that derive significant revenue from immoral serivces (porn, contraception, bad movies, etc.).

One could invest in some Catholic mutual funds that have some moral guidelines in chosing investable companies. However, they are generally actively-managed funds with 1.5% expense ratios or so. The expense ratios seem to be a bit a rip off.

Also, if in your retirement plans at work you only have fund options that apply no moral guidelines, do you have any moral fault if you invest in them anyways?

P.S. I don’t have the time, large $ ballance, or desire to pick individual stocks on a regular basis.
My best advice is to talk with your pastor or bishop about this. It’s a complicated issue, and the last thing you want is to be unsettled by an argument on the forums (I would know from experience of reading stuff here).
 
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