Target-date funds are the default of choice for many plan sponsors, says Russell Investments, but they aren't a buy-it-and-forget-it solution for sponsors or providers. Russell Investments published a ...

A paper published in The Journal of Retirement argues that asset-allocation glide paths popularized in target-date funds (TDFs) fail to deliver superior end-point wealth. Traditional glide paths ...

This study analyzes Yale’s Qualified Default Investment Alternative, a retirement plan with a target-date strategy. The findings also apply in principle to target-date strategy models from Vanguard, ...

With traditional glide paths, a portfolio shifts gradually from equities to fixed income before reaching a final balanced portfolio allocation. Ron Surz, president of Target Date Solutions in San ...

My colleague John Rekenthaler recently observed that the problem with target-date fund research is that researchers need to find dramatic conclusions to get any attention, and this has led to ...

Academic simulations prove that the distribution of wealth is greater with glide paths that increase in equity allocation rather than decrease. No safe landing. Savings impact the distribution of ...

If there's one generally accepted principle in the realm of asset allocation, it's that young people with a long runway to retirement should start out with equity-heavy portfolios and only gradually ...