Target Date Funds Miss The Mark – Forbes
Target Date Funds Miss The Mark
Michael Krause Michael Krause, Contributor
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Target date ETFs are an increasingly popular fund category that allow investors to save for retirement by buying a single fund that periodically shifts asset allocation of the underlying investments as the years progress. It is based on the well-founded concept that younger investors can embrace more risk in search of more reward, but that risk-taking should be reduced as retirement draws close. So what could be wrong with that?