IN THE NEWS: Building a Better 401(k)

Kiplinger

Sandra Block

Aug 1, 2019

“A typical target-date fund has what’s known as a glide path, which represents the shift in the fund’s allocation of stocks, bonds and other investments over time. But that’s where this one-size-fits-all strategy runs into trouble, because it may not take into account when you actually retire, says Ashley Coake, a certified financial planner with Cultivate Financial Planning, in Radford, Va. Some target-date funds keep shifting their mix decades past the target year; others stop at the target year.”