Target Date Mutual Funds - Ever wondered how they work?

I am a long-term member of the American Association of Individual Investors (AAII) and this month's AAII Journal has very good coverage of target date mutual funds. These can be useful as default choices for smaller accounts such as a new 401k account or a custodial account since all the rebalancing and allocation adjustments are done by the mutual fund company.

The five mutual fund families reviewed are American Century, Fidelity, Schwab, T. Rowe Price, and Vanguard. The article discusses the important facts that you need to consider when choosing a target date fund. If you would like to see the article, email me: richc@feesonly.com with Target Date Funds article in the subject line. I won't use your email for anything else.

BTW, AAII is a wonderful organization. If you are interested in an unbiased education in investing and personal finance, join and attend the monthly local chapter meetings and read the monthly AAII Journal. AAII is a non-profit and they accept no advertising.