Why Target Date Funds are the Wrong Investment Vehicle for Many Credit Union Executives

Target date funds are popular for many 401(k) plan participants because they offer an investment strategy that automatically reduces risk as one approaches retirement. However, they’re a suboptimal solution for credit union executives with more retirement income sources and associated risk levels than the average employee. In this episode, Doug explains why credit union executives should reconsider using a target date fund and the significant financial differences executives may experience using three case study examples. Listen now.