How to Money · Monday, September 7, 2026
Hannah, a 29-year-old in Brooklyn earning $200K, questions the value of using Vanguard's Digital Advisor for her investment accounts. Hosts Joel and Matt discuss whether robo-advisors are necessary for young investors in their wealth-building phase, highlighting that low-cost index funds can often suffice and suggesting she might save on fees by managing investments independently.
“My biggest question is, what do you think about the Vanguard digital advisor in my situation? All of those Accounts that I spoke to you about, except for the 401k, I'd all have those kind of managed by the Vanguard Digital Advisor.”
“So I think for a lot of people in their 20s and 30s in like the extreme wealth building phase of their life, paying for an advisor is just... just not necessary. It's not all that helpful.”
“But for right now, at the age of 29, with solid income, I feel like Hannah can hit these goals that she's got for herself and maybe even exceed them. without the help of Vanguard's digital advising service, I think she can do it on her own.”