If you are investing for retirement, you’ve probably come across target-date mutual funds. You may even be investing in one in your 401K and not realize it.
So, you’re likely wondering what they are and why they are so popular.
The thing is, target-date mutual funds are just like other mutual funds - some are conservative and others are risky.
The trick is making sure they are balanced well when you’re most vulnerable.
So, who has the right mix for you? And are they the right strategy for your plans?
Today, we’ll discuss four things to help you decide if target-date mutual funds are the right investment for your retirement dollars and how to know if you’ve got one that matches your goals.
- What a target-date fund is (and why they are so popular)
- The different types of target-date funds and how to tell the difference
- Why some are more expensive than others and what that means
- What you should look for to determine if they are right for your retirement goals
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DISCLAIMER: This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. This podcast is not engaged in rendering legal, financial, or other professional services.
