Off Target: On the Underperformance of Target-Date Funds
Off Target: On the Underperformance of Target-Date Funds Are you saving for retirement using a target-date fund or TDF? Might you consider an alternative that outperforms your TDF and costs less? Author: May 23, 2021 Target-date funds (TDFs) are popular vehicles that provide investors with an evolving asset allocation to meet their needs at some future date (e.g., retirement), according to David Brown, an assistant professor at University of Arizona and Shaun Davies, an assistant professor at the University of Colorado at Boulder While TDFs provide investors with extensive diversification an...