Investors are much savvier about retirement planning than commonly thought, at least when it comes to target-date funds, according to a research note from investment management company Vanguard. Target-date funds are the increasingly popular mutual funds that automatically shift to more conservative investments as investors approach retirement.

The company found that almost half of the users of Vanguard target-date funds (48%) held target-date funds in combination with other assets. Half of the so-called “mixed investors’ intentionally wanted to construct a portfolio of both target-date and non-target-date strategies, pursuing what Vanguard described as “reasonable diversification strategies.”

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access