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Listen to Johnson Brunetti's Money Wisdom with Joel Johnson CFP®, host of Better Money Television program and Forbes Contributor. Gain true financial wisdom and advice aimed at educating you about all of your financial options when it comes to retirement so you can make the best decisions for you and your family. Get information and education that can bring you peace of mind with your savings and retirement. Whether it’s your 401k account, IRA, or an underperforming asset, Joel Johnson can answer your questions and make you more aware of issues that may affect you.

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  1. All Episodes
  2. Should I Use Target Date Funds?

Should I Use Target Date Funds?

Sep 8, 2023

Most people are familiar with target date funds, although they might not necessarily know them by that name. Your 401k plan might have a different name for it like a lifecycle fund, but regardless of what it’s called, it continues to be a popular investment choice. Let’s talk today about whether target date funds are a good way to invest for retirement.

 

Here’s what you can expect to learn in this episode:

  • How target date funds were first created.
  • The effectiveness of these funds for someone in their 20s versus someone in their 50s.
  • An example of a time where we found target date funds weren’t what someone needed in their retirement plan.
  • Why most people aren’t paying close attention to the performance of their target date funds.

 

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