The Target Date Fund

The Target Date Fund

Many 401(k) and 403(b) plans include Target Date Fund choices.  These generally list the fund company, a year (somehow related to your retirement year), and some kind of reference to Target Date or a brand name such as “Freedom Fund”, Fidelity’s target date funds.  There are some pros and cons to these funds, and some things you should know before you use them in your investment portfolio.  In this blog, I’ll describe some of the “pros” and “cons” of target date funds. Pros: 1.  They’re on “autopilot”. ...