Broker Check

Are target date mutual funds an appropriate investment for me?

May 11, 2020

Target date mutual funds have become a popular option within many 401(K), 403(B), and other similar retirement plans. In the simplest of terms, Target Date Mutual Funds attempt to match an individuals’ expected retirement age with the level of risk within their respective investment fund. A person age 40 might own much more in equities, or stocks, vs. a person closer to retirement age, say 65. The goal with these types of investments is to reduce risk and preserve capital as you age. But the real question to ask yourself is, what is my own level of personal risk and am I willing to put that control in someone else’s hands?

The reality in todays investing world is that one size does not fit all. When you work with a financial advisor, like M.A.P., we take the time to assess your individual risk tolerances, listen to your retirement goals, plan for cash flow needs and prepare you for the day you stop working. In reality, you need these retirement dollars to work and grow as much as possible while protecting your future.

Working together, we can help you sort through the “noise” and determine which investments within your company’s specific retirement plan options fits you best. While we may not be managing these investments directly, we are helping you manage your overall holistic plan for retiring. Target Date Mutual Funds are the simple solution, let us help you with the right decision.

Mosaic Asset Partners; helping you create your own individual roadmap.


Christopher E. Wasson, CFP®


Your local Towson Financial Advisors

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. Mosaic Asset Partners, LLC is not affiliated with Kestra IS or Kestra AS. The opinions expressed in this commentary are those of the author and may not necessarily reflect those held by Kestra Investment Services, LLC or Kestra Advisory Services, LLC. This is for general information only and is not intended to provide specific investment advice or recommendations for any individual. It is suggested that you consult your financial professional, attorney, or tax advisor with regard to your individual situation. Comments concerning the past performance are not intended to be forward looking and should not be viewed as an indication of future results.