Thrift Savings Plan

[frenchee]

Target Date Funds: Are They the Air Fryer of the Investment World?

https://www.youtube.com/watch?v=Rh4znVw7uZ0&ab_channel=ExpeditionRetirementShowbyGoldenReserve" rel="nofollow" target="_blank" >https://www.youtube.com/watch?v=Rh4znVw7uZ0&ab_channel=ExpeditionRetirementShowbyGoldenReserve[tag]Are you curious about target date funds and why they're so prevalent in 401(k)s? What exactly is a target date fund? Why do they feel like a safe option as you approach retirement? And most importantly, are they truly worth it, or just like the Air Fryer pretending to be more than a convection oven?

This video explores how target date funds work and why they make you feel comfortable as retirement looms. ?? As you get closer to retirement, taking less risk seems appealing, and these funds provide a specific "target date" for the transition. But here's the catch – there's a FEE involved for something you could potentially manage yourself, much like that convection oven in your kitchen that replicates the Air Fryer's capabilities.

Shockingly, many people don't even hold onto target date funds until retirement! So, what's the deal? Are these funds as reliable as they seem, or is there a reason why they're not a long-term investment solution?

Buyer, beware, as we reveal the truth about target date funds, ensuring you make informed financial decisions. While they might appear fancy and sophisticated, you may end up with a convection oven when you thought you had something fancy. ??
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