401(k) Fridays Podcast

In case you hadn’t noticed, Target Date Funds (TDFs) are kind of a big deal in workplace retirement plans.  My guest, Jeff Holt, a Director of Multiasset Strategies at Morningstar and one of the authors of their 10th annual Target Date Landscape report cites their use as default funds in retirement plans as one of the key reasons they hit $1 Trillion dollars in assets in 2017.    During our conversation today, we discuss the significance of that accomplishment and hit a few other highlights including thoughts on the flood of money into “passive” target date funds, how TDFs are actually performing, whether you can glean useful information by evaluating the underlying holdings in TDFs and how the competitive environment in TDFs is affecting the industry.  Also, don’t miss our discussion on a newer statistic Morningstar has developed comparing the cost of a target date fund with the percent of that fund that is index based.     Whether you are TDF novice or expert, there is something here for you.  If you feel l