Saving for retirement thread, jesus christ is this shit really as complicated as it sounds (talking as a U.S.er)

ok good that seems to be the most sensible bcz I"m sure the interest rate on this Schwab money mkt acct is like 0.04

2nd question: there are like 50 different ways to invest this money! I went with a totally hands-off plan where Vanguard calculates what to invest everything in based on my target retirement date. As someone with zero knowledge of stocks & bonds & shit, is this okay enough? Or could I get significantly more in the long run with minimal effort and engagement?

Yeah that's probably fine. Again, vanguard invented a lot of this stuff. It's probably mostly Index funds that will gradually increase to bonds (more stable) from stocks as the fund ages