As qualified default investment options gain traction in the 401k space, target date funds have provided steady proven results for everyday investors, however much confusion still revolves around how they work. So then, what exactly are target date funds? In this episode, Financial Advisors Rose Price, CFP® AIF® and Chris Mellone, CFA CFP® AIF® provide a breakdown of how target date funds work and provide pros and cons of the selection.
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