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069 - Should You Use a Target Date Fund In Your 401(k) Plan?

An episode of the Real Personal Finance podcast, hosted by Scott Frank and James Conole, titled "069 - Should You Use a Target Date Fund In Your 401(k) Plan?" was published on October 14, 2020 and runs 16 minutes.

October 14, 2020 ·16m · Real Personal Finance

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Is a Target Date Fund right for you? To put it in simple terms, it depends. Today we explain what the appropriate course of action is when approaching a Target Date Fund. From new investors to those more well-seasoned, we discuss what factors you should consider when deciding if you should use a Target Date Fund or select your own investment mix. Time Stamps: Introduction – 00:02 Listener question – 00:25 What is a Target Date Fund – 2:00 Salsa analogy – 2:52 How do the fees work – 4:05...

Is a Target Date Fund right for you? To put it in simple terms, it depends. Today we explain what the appropriate course of action is when approaching a Target Date Fund. From new investors to those more well-seasoned, we discuss what factors you should consider when deciding if you should use a Target Date Fund or select your own investment mix.

Time Stamps:

Introduction – 00:02

Listener question – 00:25

What is a Target Date Fund – 2:00

Salsa analogy – 2:52

How do the fees work – 4:05

Is it cheaper to replicate the blends vs. Target Date Funds – 7:30

Diversified Target Date Funds – 8:31

What is the right fit for you – 10:38

Conclusion – 13:18

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James

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Scott

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