Aug 2, 2019
In this episode of Inside the Plan with the 401(k) Brothers, Bill Bush and Andy Bush, advisors at Horizon Financial Group, are on the road at their live event in Denver, Colorado. They have a chat with Jon Anderson, Head of Retirement at Cetera Financial Group in the Greater San Diego Area, about the importance of retirement planning.
3 Key Points:
he target date of a target date fund may be useful starting point in selecting a fund, but investors should not rely solely on the date when choosing a fund or deciding to remain invested in one. Investors should consider the fund's asset allocation over the whole life of the fund. Often target date funds invest in other mutual funds, and fees maybe charged by both the target date fund and the underlying mutual funds. A fund with higher costs must perform better than lower cost fund to generate the same net returns over time.