Latest / Becoming Financially Confident
Target Date Funds Explained: The 401(k) Choice Most People Never Make
In today’s episode, Ralph Estep Jr. and Juliet spend the whole show on 401(k)s, covering the fees nobody sends a bill for, the fund you may never have chosen, and the old accounts people leave behind.
In This Episode
✓ How a one-point fee gap cuts a 401(k) balance by 28% in the Labor Department’s example
✓ Why two target date funds with the same year can cost very different amounts
✓ 31.9 million forgotten 401(k)s holding $2.13 trillion
✓ What fiduciary means and why it matters when you pick a fund
✓ One Good Question: Marcus’s water bill jumps from $75 to $210
✓ Money move: find your first…
The skinny
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