Target date retirement funds are an easy way to save for retirement as they are quite convenient to the investor. With them there is no need to rebalance and no need to gradually shift to a more conservative investment strategy as you age. That is all done automatically! But while there are pros, there are also cons to such an investment. Wise Bread has a good and quick overview of the positives and negatives; you can access it here: What You Need to Know About the Easiest Way to Save for Retirement.
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