Target-date funds are mutual funds — and now exchange-traded funds, too — that invest in a combination of stocks, bonds and cash equivalents.
Nine out of 10 investors in target date funds would like their investments to provide stronger protection against market losses in the years nearing and in retirement, according to a new study by ING Investment Management. That’s understandable. People don’t want to lose a lot of money just as they need to tap it for
The Government Accountability Office took aim at two retirement planning tools during the past week. In two separate reports, it said: Beware of administrators pushing funds. Anyone who has a 401(k) should be cautious if the investment firm running the plan offers “education,” because this kind of advice could be little more than a sales