Typically, 1/3 or more of the investment choices available in a retirement plan are target date mutual funds. What is a target date fund? How do target date funds work? This article will address those questions and discuss target date funds’ benefits and shortcomings.
Between the many activities that keep parents busy, saving for your children's college education stays on your mind. Just as they quickly grow out of their cute little onesies, you will soon move them into their first college dorm room.
Topics: All, Saving for Retirement, saving for kids college, how much to save for kids college, Best Ways to Save for Your Kid’s College Education, Saving for Your Kid’s College Education, how to save for kids college, college education
For all the challenges investors face when saving for retirement, one of the easiest ways they can undermine their own efforts is by chasing what’s hot – whether that means chasing certain fund categories or specific funds. One measure of the effect of investor behavior as it pertains to a particular fund is the fund’s investor return. The investor return measures how a fund’s investors performed. This article discusses why investor returns (as represented by Morningstar Investor Return™ (MIR)) are different from fund returns and concludes with takeaways and advice for consumers.