Have 529 accounts set up for the kids but balances there are barely into the 5 figures each for our 2 kids. So my thought is to reposition some IRA assets from their typical aggressive/all equity index funds into safer/boring assets so I can fund college expenses if need be (I'll be at age to withdraw without tax penalties once the college expenses start).
Target date funds seem like they could do the job, but I'm also paying a higher expense premium to allocate the money in a way I could do myself, either direct investments in Treasury paper or fixed income funds. It seems dumb to pay a 0.5% expense ratio to a money manager who's just going to do a 50/50 10-year bond fund/VOO allocation in my 'Target 2030 Fund."
Any suggestions for how to park a 100-200k fund efficiently and without incurring expense fees for potentially very little value add for a Target Date fund or paying an investment advisor to push his firm's "recommended buys" on me?