Your 401(k): Target Date Funds Disappoint

By one estimate, target date funds are becoming the $2 trillion leader in the retirement savings world. But there's much discontent over the early track record of these funds that are supposed to provide an easy and secure way for today's workers to manage their own retirement portfolios. If you put money in a target date fund, your investments are rebalanced automatically to a more conservative mix as your retirement year approaches. Hence, 2045 funds appropriate for today's 30-year-olds...Full Story
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