Thursday, May 26News That Matters
Shadow

Tag: targetdate

Everything you need to know about target-date funds

Everything you need to know about target-date funds

Finance
When considering target-date funds, it's important to be aware of the benefits and drawbacks — as well as whether you are the kind of person who should be investing in them. While some people love these so-called set-it-and-forget-it funds, others dislike them because of the completely hands-off approach to investing they offer. A variety of factors contribute to determining if you should invest in target-date funds, but it is most important to first understand what a target-date fund is and how it works. Target-date funds are also known as life-cycle funds. They're often mutual funds that hold a mi...