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Picking the Right Target-Date Fund.
- Source :
-
New York Times . 6/29/2009, Vol. 158 Issue 54721, p1. 0p. - Publication Year :
- 2009
-
Abstract
- Target-date funds have come under fire in recent months for failing to shelter investors, especially those near retirement, from the market maelstrom. Many of the funds -- which are supposed to have an increasingly conservative investment mix as an investor reaches a retirement date -- failed investors last year. But so did a lot of broadly diversified portfolios carefully customized by financial planners. The market collapse spared no one (except for those heavily invested in Treasuries, of course). [ABSTRACT FROM PUBLISHER]
- Subjects :
- *FINANCE
*INVESTORS
*RETIREMENT
*FINANCIAL planners
*INVESTMENTS
Subjects
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 158
- Issue :
- 54721
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 42529649