Tag: target date funds
As people increasingly rely on their 401(k) assets for retirement, their exposure to market risk is a key issue. A new survey shows that older retirement investors tend to be overly pessimistic about stocks, which likely affects their preferred asset allocation. But comparable data suggest…
I suspected most financial assets were in 401(k) plans and most 401(k) holdings were directed by target-date funds, but the data told a somewhat different story. When trying to figure out people’s taste for risk by looking at the share of equities in their financial portfolio, I was wondering in a world of 401(k)s about…
