Before Buying a Target Date Fund, Know Its "Glide Path"

Investing doesnt have to be difficult, and target-date funds are great for easy, low-maintenance investing.

But you should still know what youre getting into.

One target date fund feature you want to pay attention to is its glide path.

A glide path is basically how the assets of a fund change as the target date approaches.

In general, the fund moves toward a more conservative allocation as you approach that date.

After all, it assumes youre probably going to take the money out soon.

So safe, conservative investments make sense.

But depending on your goals, you might want a different glide path for your fund.

Being retired doesnt mean you dont need to continue to

grow your assets

, right?

Again, it depends on what your financial goals are as you approach retirement age.

Check out the full post for more detail.

3 Questions to Ask Before Choosing Target Date Funds| U.S. News & World Report

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