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Paul Merriman: Target-Date Wars: Fidelity vs. Fidelity: (FDEEX) vs. (FDEWX
FYI: One of the best tools for working people who are saving for retirement is the target-date fund.
Most 401(k) and similar plans offer this option, which provides a modest amount of diversification among equity asset classes as well as a built-in mechanism for gradually reducing the risk of the portfolio as retirement gets closer.
But not all target-date retirement funds are the same, and I recently discovered an interesting comparison among Fidelity’s offerings. Regards, Ted
