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

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 LET'S CONNECT! James Facebook LinkedIn Website Scott Facebook Twitter Website ENJOY THE SHOW? Don’t miss an episode, subscribe via iTunes, Stitcher, Spotify, or Google Play. Leave us a review on iTunes. Have a money question you want us to answer? Submit one here