As more 401(k) plans chose target date funds as the default option, this strategy is likely to create more complacency about retirement, encouraging us to be lazy, set-it-and-forget investors.
Employees at Target are not very pleased with their total compensation at Target, which includes a combination of pay, stock and equity, and benefits. Overall, employees at Target are generally satisfied with their team. 5158 Participants grade the quality of their coworkers a B-. The majority...
Systems and methods for providing a deferred annuity with a target date retirement benefit Systems and methods for guaranteeing a Target Value of an account on any given Target Value Date. The investment profile of the account may be automatically adjusted to be more or less conservative based on...
Target Date Funds Pros and Cons Target date funds have risen in popularity in recent decades as American retirement savings trends have evolved from defined benefit (pension plans) to defined contribution (401k). For inexperienced investors, target-date funds are a one-stop choice for all investmen...
no target date funds use municipal bonds. If you're putting every asset class into every account, then by definition at least one of those asset classes is being held in the wrong place, eliminating the benefit from proper asset location. In essence, you're giving up a little return in ...
The central issue of this paper is analysis and resulting proposals to help unsophisticated pension participants achieve pension portfolios that match their level of risk aversion when there is a large amount of unexplained heterogeneity in risk aversion. Target date funds are commonly used as the def...