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Most 401(k) Participants Now Buy Only One Fund—But They're Better Diversified Than Ever

FYI: If one is the loneliest number, then there are some lonely retirement accounts out there: More than half of 401(k) participants use only one fund.

The proportion of 401(k) participants using a single target-date fund (TDF) in their accounts increased to 51 percent in April 2018, according to “How America Saves 2018,” a report from Valley Forge, Pa.-base Vanguard.
Regards,
Ted
https://www.fa-mag.com/news/most-401-k--participants-now-buy-only-one-fund---but-they-re-better-diversified-than-ever-39045.html?print

Vanguard: How America Saves 2018:
https://pressroom.vanguard.com/nonindexed/HAS18_062018.pdf
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