Target Date Funds Are Not the 401(k) Solution
Jamie Patrick Hopkins
As more 401(k) plans chose target date funds as the default option, this strategy is likely to create more complacency about retirement among employees, encouraging us to be lazy, set-it-and-forget investors.
Too many people are already lackadaisical about planning for their retirement, and the advent of target date funds could create even more apathy.
Chang, Ellen, "Target Date Funds Are Not the 401(k) Solution" (2016). In the News. 1050.