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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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  2. Should Target Date Funds Be in Your Portfolio?

Should Target Date Funds Be in Your Portfolio?

Dec 13, 2024

Investors will often use target date funds in a retirement account because they’re easy to use and align with the goal of retiring at a certain time. Is it really that simple or can you find alternatives that will provide better results for what you want to accomplish?  

In the latest episode of the Money Wisdom podcast, Jake Doser, CFP®, CPWA® and Nick Colantuono, CFP® take on another listener's question about the effectiveness of target date funds for retirement planning. As retirement approaches, many individuals are faced with the decision of whether to invest in these funds or move that money somewhere else.

For those interested in learning more about 401k strategies and retirement planning, we strongly suggest picking up the "Ultimate 401k Guide" by Eric Hogarth, CFP®. This guide offers insights into how 401ks work and provides practical advice for optimizing retirement savings and all you have to do is text GUIDE to 800-757-0436.

Here’s what we discuss in this episode:

0:00 – Today’s question

1:23 – Investment goals

2:52 – What target date funds do

5:55 – 401k accounts

8:05 – Retirement account types

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