Should I Use Target Date Funds?

<p class="Body" style="margin-bottom: 0in;"><span style= "font-size: 12.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-fareast-font-family: Arial;"> 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.</span></p> <p class="Body" style="margin-bottom: 0in;"> </p> <p class="Body" style="margin-bottom: 0in;"><strong><span style= "font-size: 12.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-family: Calibri;"> Here’s what you can expect to learn in this episode:</span></strong></p> <ul> <li class="Body"><span style= "font-size: 12.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-family: Calibri;"> How target date funds were first created.</span></li> <li class="Body"><span style= "font-size: 12.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-family: Calibri;"> The effectiveness of these funds for someone in their 20s versus someone in their 50s.</span></li> <li class="Body"><span style= "font-size: 12.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-family: Calibri;"> An example of a time where we found target date funds weren’t what someone needed in their retirement plan.</span></li> <li class="Body"><span style= "font-size: 12.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-family: Calibri;"> Why most people aren’t paying close attention to the performance of their target date funds.</span></li> </ul> <p> </p> <p><strong>Check out our other free financial resources here:</strong> <a href= "https://johnsonbrunetti.com/financial-resources/">https://johnsonbrunetti.com/financial-resources/</a></p> <p><strong>Contact our team:</strong> <a href= "https://johnsonbrunetti.com/contact-us/">https://jo