Kiplinger

Target-Date Funds Might Not Be Right for You

The other night at dinner, the topic of my roommate's retirement account came up. He told me that he had an account (good start) and knew roughly how much he contributed to it (also good). But he didn't know exactly what he was, um, invested in. I suggested that he might be in a target-date mutual fund, and yes, he remembered, that was it.

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