The last 6 or 7 years hasn't exactly been average for historical performance in either stocks or bonds. I'd expect that the target date funds would wind up unde

The last 6 or 7 years hasn't exactly been average for historical performance in either stocks or bonds. I'd expect that the target date funds would wind up underperforming in this sort of market, and likely outperform in down markets, especially once you factor in ill-advised market timing/panic changes when the bottom drops out.