There’s not much that’s flashy or glamorous about a target-date retirement fund. It’s kind of boring, actually.I’m in the process of writing a new book to teach young investors how to maximize the probability that they’ll have more than enough money to live well in retirement. The heart of the book is made up of a dozen short chapters, each one detailing what I call a small step with a big payoff.
3. Other investors may need to rebalance their assets from time to time — and many of them will neglect this chore for long stretches. But you won’t. Your target-date fund takes care of that automatically. 6. A target-date fund won’t lead you into risky territory. They tend to be quite conservative, sort of like a stuffy grandfather who wants you to stick to what’s tried and true. This means you don’t have to understand — or think — much about risk.