Are boomers exposing their retirement assets to too much risk?
How and when will the story of this current bull market cycle end? No one knows. But see why that shouldn’t stop baby boomer plan participants from being prepared for retirement—with the help of the right target-date fund glide path.
Throughout history, investors have suffered for being lulled into complacency, particularly those that were on the cusp of retirement in 1987, 2000, and 2008.
Riskier target-date fund assets dwarf those in more conservative offerings, but the market’s multiple expansion has left stocks with less room to run.
Many target-date funds may have too much risk for the typical baby boomer right now, and plans without preservation-oriented glide path options may be hurting their participants.