Why You Should Avoid Target Date Funds
Target date funds (TDFs) are based solely on your target retirement date. It is one size fits all without consideration for your risk tolerance, financial situation, or financial goals.
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Target date funds (TDFs) are based solely on your target retirement date. It is one size fits all without consideration for your risk tolerance, financial situation, or financial goals.
Women often place too much focus on taking care of others rather than themselves. Take care of yourself, focus on the future, and prioritize saving for your retirement.
Individuals who are young or expect their income to dramatically increase will usually benefit from a Roth 401(k).
Dividend paying companies tend to be more stable, but dividends may be decreased during difficult times. They also experience less appreciation in stock value than growth companies.
Unfortunately, many Gen Xer’s feel stressed about their finances. About 75% make more money than their parents, at the same age, but they face more financial challenges.
Many Gen Xers are pessimistic about their financial future and feel they are falling behind in preparing for retirement.