If you're saving for retirement through a 401(k), 403(b) or individual retirement account, you've likely come across both target-date funds and index funds as investment options. While both aim to grow your nest egg over the long term, they go about it quite differently. Let's take a closer look at the key distinctions between these two fund types and the potential pros and cons of each.What is a target-date fund?A target-date fund is an all-in-one investment solution that automatically adjusts its asset allocation mix over time based on an anticipated retirement year. The fund starts out aggressively invested in stocks when you are younger. As you approach the target retirement year (i.e. t
Hence then, the article about how to choose between target date funds and index funds was published today ( ) and is available onLive Hacker ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( How to Choose Between Target-Date Funds and Index Funds )