Can we apply any of these best practices to determine our approach to retirement planning?

Fund line-up. A critical component that plan sponsors grapple with to fulfill their fiduciary duties, and equally importantly their responsibility to their employees – in terms of providing the most appropriate investment funds in the plan to maximize the retirement income potential.

This report published by Vanguard contains the best practices to determine a plan fund line-up.

While some of these methodologies might not apply to individuals, the content can be applied to spur thinking about criteria to be used for fund selection at a micro level.

Which of these best practices would you consider important, applicable, and useful when deciding your retirement planning approach?

Something to think about, act on, and / or share.