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The good and the bad in this easy one-stop-shopping retirement fund

By Jill Cornfield

As an all-in-one investment, these funds are pretty good, says Nick Holeman, a CFP with Betterment, the robo-advisor. “They’re also not as good as they could be,” Holeman said.

Holeman dislikes several aspects of target-date funds. There’s too much time between fund dates to give a truly customized experience. A 26-year-old might be in a fund set for a 2055, but what if this employee hopes to retire several years earlier or later? They’re also biased toward their own funds. If you’re in a Fidelity target-date, you’re investing only in Fidelity funds.

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This article originally published October 16th, 2018 on CNBC