Would using 2 robo for retirement make sense?

Hi Anon,

Well, I guess any method that can get you to your target would be a fine method to adopt. But if you're wondering whether it "makes sense", then you need to ask yourself why you're choosing 2 robos. Is it to diversify platform risk by not having all your investments in 1 place? Is it to tap on different investment philosophies that you agree with? Is it to invest in different portfolios to serve different purposes?
Then you need to ask yourself whether or not your investments in the 2 robos have helped you fulfill your motivation for choosing 2 robos instead of just 1. Ie if you only want different portfolios to diversify your overall portfolio, it's actually possible to do it within 1 robo since they tend to offer a range of different portfolios, so you should only choose 2 robos if you want a portfolio that isn't similar to any other portfolio that is offered by the other robo you're using.

At the end of the day, investing is a personal thing, and what makes sense for you might not make sense for someone else. So regardless of what any of us here may say, if you think it works for you, then you go ahead and do you! Hope this helps! :)

Regards,

thefrugalstudent

Different roboadvisors adopt different investment strategies, markets, asset classes, sectors, risk management. For example, Syfe REIT+ focus on S-REITs, Endowus use unit trusts instead of ETFs in many other robos.

You may want to use 2 robo for diversification of risk.