My dissertation chair and coauthor, Jay Ritter talks about some of the risks in target date funds. His primary concern is that these funds tilt towards bonds which implicitly exposes the investor to more inflation risk.
I've blogged about target date funds before, and how they are like hotdogs, but not in a good way.
A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
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