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Target Date Funds Deciphered

This blog’s mission is to explain financial behavior – why we do what we do.  It is not to provide personal financial advice about what to do.  The mere mention of a “Target Date Fund” was a conversation stopper for me.

No longer.  The Center for Retirement Research, which sponsors Squared Away, explains them simply and clearly in a new booklet.  The name is inscrutable but the concept isn’t.  In fact, your employer’s target date fund, if it is well designed, should make investing easier, not more difficult.

Check out the booklet, “Why Target Date Funds?”, (along with brochures about how to decide when to claim Social Security and how to manage your money after retirement).

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