FYI: Rising costs, particularly the cost of buying a house and repaying student loans, are forcing millennials to start thinking about their financial future. With a vast landscape of investment options available and with limited knowledge in the market, many millennials are turning to target date funds (TDFs) as a set-it-and-forget-it investing method. Although TDFs are gaining popularity with millennials and company-sponsored retirement plans, it’s important to know the benefits and risks associated with them.
Regards,
Ted
