More Investors Choosing Target-Date Funds for Retirement Savings

Target-date funds are growing in popularity among investors in workplace retirement plans because they’re so easy to manage. You pick a retirement date, and the mix of investments automatically adjusts to a more conservative allocation as you move closer to that date. No muss, no fuss. If you’re not investing in a TDF, chances are you will be. A new study says that by 2018, nearly two-thirds of all 401(k) savings contributions will go into these funds. TDFs have become …

Beefed-Up Protections May Be Coming for Target Date Funds

Target-date funds – among the most common investment selections offered by employers to employees in 401(k) plans – used to be the darlings of the retirement investment world. They were popular with novice investors because they take the guesswork out of investing. Since the funds hold a mix of assets that becomes more conservative as the target date for retirement approaches, investors don’t have to worry about taking on too much or too little risk  as they age. The portfolio …