031: Target Date Funds & Age-Based Investing

We are all living in one of the craziest, most volatile markets in history. To get through it, you need a plan, and that plan needs to change over the course of your life to ensure you conserve when you need to, have cash flow, and can make transitions with confidence and ease. These are the core concepts of age-based investing - looking at risk as part of your plan to achieve safety, income, and growth. Today, we explore target date funds and how to use them as you age to reduce your risk over time and meet your financial targets, no matter what happens along the way. In this episode, you’ll learn: The three basic places to put your money - and how to think about all of them as you age. How to use target date funds effectively - and how you can use the 2008 financial crisis to understand the common misconceptions surrounding these assets. Why everything in the market has risk. Show Notes To get access to today's show notes, including links to all the resources mentioned, visit TheRetirementTrainer.com/31 How Fit Is Your Retirement Plan?  We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

Episode 31 of the The Retirement Trainer podcast, hosted by EGSI Financial, titled "031: Target Date Funds & Age-Based Investing" was published on September 23, 2020 and runs 20 minutes.

September 23, 2020 ·20m · The Retirement Trainer

Summary

We are all living in one of the craziest, most volatile markets in history. To get through it, you need a plan, and that plan needs to change over the course of your life to ensure you conserve when you need to, have cash flow, and can make transitions with confidence and ease. These are the core concepts of age-based investing - looking at risk as part of your plan to achieve safety, income, and growth. Today, we explore target date funds and how to use them as you age to reduce your risk over time and meet your financial targets, no matter what happens along the way. In this episode, you’ll learn: The three basic places to put your money - and how to think about all of them as you age. How to use target date funds effectively - and how you can use the 2008 financial crisis to understand the common misconceptions surrounding these assets. Why everything in the market has risk. Show Notes To get access to today's show notes, including links to all the resources mentioned, visit TheRetirementTrainer.com/31 How Fit Is Your Retirement Plan?  We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

Episode Description