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Target-date retirement funds automatically do.

• adastra22 4y ago
  And even these days the typical investor probably uses a financial advisor, who would do such fund reallocation, even if they don't use target date funds explicitly (which they should).
  • FooBarBizBazz 4y ago
    Do they really? When I've looked around at financial advisors they've wanted at least several percent annually of AUM, which, to my mind, is just insane.
    • adastra22 4y ago
      I agree. I don’t use them myself. There are few-only financial advisors though, which are all I’d recommend people use. I’m just saying financial advisors are common. Not that they should be.
• kortilla 4y ago
  Only when you’re getting close to the target retirement date. Even those funds benefit from downturns early to mid-career.