Target Date Funds Explained: Why "Set It and Forget It" Could Cost You in Retirement

Are your people day funds truly moving for you—or conscionable moving connected autopilot? On this occurrence of Broadcast Retirement Network, we beryllium down with MarketWatch fiscal writer Alisa Wolfson to unpack the "set it and hide it" mindset that millions of investors trust on. Alisa explains wherefore these fashionable funds lone relationship for 1 thing—your expected status year—while overlooking important idiosyncratic factors similar your pension, Social Security timing, and idiosyncratic hazard tolerance. If you person a 401(k), this speech volition alteration the mode you deliberation astir your status savings.Subscribe to our YouTube transmission for regular aging, finance, lifestyle, privacy, status and wellness programs featuring planetary experts.