What We Can Learn from Target-Date Funds

You may or may not be a fan of target-date funds. But those one-decision investments, which adjust the mix of assets to become more conservative as the year of your retirement (or some other goal) approaches, can teach us all a thing or two about how to deal with challenging markets. Since target-date funds debuted in 1994, their assets have grown to $1.2 trillion, up sixfold from a decade ago. The