Target-date funds are investment vehicles that are widely used and offered by almost all mutual fund companies out there. Like anything else, they have their pros and cons, but should they be used by anyone and everyone? I'm not so sure. Let's look into whether these funds are suitable for someone in your situation and how these types of funds can be used to possibly make your investing future a success. We will discuss:
1. What target-date funds are
2. What target-date funds can be used for
3. The pros and cons of target-date funds
4. People who may be best suited for target-date funds
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(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)