We just published a Brief on Target-Date funds today. Target-date funds are one of the fastest growing retirement-focused investment products currently yet recent research indicates few people understand how to use them correctly.
In this brief, we seek to explain what target date funds are, how they work, and how to use them correctly.
Bottom line: We like target-date funds and they are a heck of a lot better than what we see most investors doing on their own. Stay tuned for further product innovation.
