Sep 8, 2023
Most people are familiar with target date funds, although they might not necessarily know them by that name. Your 401k plan might have a different name for it like a lifecycle fund, but regardless of what it’s called, it continues to be a popular investment choice. Let’s talk today about whether target date funds are a good way to invest for retirement.
Here’s what you can expect to learn in this episode:
- How target date funds were first created.
- The effectiveness of these funds for someone in their 20s versus someone in their 50s.
- An example of a time where we found target date funds weren’t what someone needed in their retirement plan.
- Why most people aren’t paying close attention to the performance of their target date funds.
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