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069 - Should You Use a Target Date Fund In Your 401(k) Plan?
Description
Is a Target Date Fund right for you? To put it in simple terms, it depends. Today we explain what the appropriate course of action is when approaching a Target Date Fund. From new investors to those more well-seasoned, we discuss what factors you should consider when deciding if you should use a Target Date Fund or select your own investment mix.
Time Stamps:
Introduction – 00:02
Listener question – 00:25
What is a Target Date Fund – 2:00
Salsa analogy – 2:52
How do the fees work – 4:05
Is it cheaper to replicate the blends vs. Target Date Funds – 7:30
Diversified Target Date Funds – 8:31
What is the right fit for you – 10:38
Conclusion – 13:18
LET'S CONNECT!
James
Scott
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