This is my wife. She checks our kids' 529s weekly, and they are 6 and 3 years old! I check my quarterly statements when they come in the mail and both of us are in the WRS so we only get one annual statement and we have very little to do with how that money is invested, which is really nice. I'm looking at getting some non-retirement investments going at some point and have zeroed in on VTI or VOO on the ETF front. For some reason I'm sort of chicken when it comes to taking the plunge, but I think it's more due to the amount that we are discussing putting into an account and it's really hard to part with large sums of money sometimes. I do know that it's a best long-term strategy and we will see gains if we let it sit for a while before withdrawing is as income (assuming it earns money over the next several years!). I am kind of guilty of the first one but I get bored at work sometimes and I just check it but never do anything. I usually just play around with the calculator they have. For your second one have you though of something like this https://www.nationwide.com/retirementincome.jsp instead? You have to put money in it monthly but it is basically an annuity which some people are not fans of. I don't like them but if you don't like risk then an annuity is probably better for you. If you want to go with a one time investment I would go with either of the ETF's you have posted. Others you may want to look at are SPY and SDY. Another option with Vanguard is an ETF of ETF's confusing right? Well not really it is basically a managed ETF without the high fees of a managed fund because Vanguard is basically selling you all of their ETF's in one package. For example the stock symbol VTC holds all of Vanguard's corporate bond ETF's. So you are basically buying all of the ETF's that Vanguard holds for corporate bonds in one ETF instead of investing in multiple or all of them.