What are the pros and cons of target-date retirement funds?
Answers:
Pro: no work for you...someone else moves your holdigs into smaller quantity and smaller quantity risk as you get hold of elder.
Con: They adjectives appear to be a short time ago for a moment conservative to start next to...so purely pretend your more or less ten years younger when you are picking the " projected retirement date"...that oughta do it !!
The pro is that they are one stop shopping. Choose the right time horizon and you're done.
The con is that the underlying investments are usually in one kinfolk of funds (for example, TRowePrice or Fidelity). Which is fine as long as the investment company doesn't own any key problems, but should the company turn "belly up" you could be out of luck.
Yes along near the other comments singular buy into one (if you want) when you are around 5 or so years from retirement. They are too conservative for young at heart investors and you should thieve on more risk in a minute. My $0.02