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I've usually seen those called 'Target Date' retirement funds in the US, and they automatically rebalance your investments.
by loco5niner 2y ago
I've usually seen those called 'Target Date' retirement funds in the US, and they automatically rebalance your investments.
- SketchySeaBeast 2y agoYeah, that's another level of that, totally hands off.
- ryandrake 2y agoThe Target Date funds often charge high fees. You pay for automation that you could do yourself.
- ghaff 2y agoYeah. Although there is some percentage of people who don’t or just don’t want the mental overhead relative to dealing with stuff they actually care about.
- plorkyeran 2y agoVanguard's target date funds have high fees compared to their other funds, but 0.08% instead of 0.03% doesn't actually matter.