Their simplicity makes the funds appealing, but they could leave many workers near retirement, particularly baby boomers, short on savings.
Category: Asset Allocation (Personal Finances)
-
Check Your Target-Date Fund, Especially if You Plan to Retire Soon
The New York Times – Business: -
Your ‘Safe’ Stock Funds May Be Riskier Than You Think
The U.S. stock market has become so concentrated that even broad index funds are no longer well diversified, our columnist says.