Free for 90 days: Sign up now and get 90 days managed free after your first deposit. See offer details

Coming soon: our new one-on-one advice packages. Learn more

Now available: our new one-on-one advice packages. Learn more

<title>Dismiss</title>
CNBC

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.

Read the Original Article

This article originally published October 16th, 2018 on CNBC

<title>Close</title>

Search our site