We believe that target date funds are a good idea that can and should be more protective of beneficiaries, so we've written a book to educate fiduciaries.
I'm a big fan of eBooks and concerned about my 401K so this is an easy and informative read for me.
Most assets in TDFs are there by default, so employers (fiduciaries) are choosing them, not employees. We challenge the status quo that profits fund companies at the expense of plan participants. The biggest problem is that TDFs remain as risky at the target date today as they were in 2008, when they lost 30% -- nothing has changed. It's a repeat catastrophe waiting to happen, this time 5 times more devastating because there's now $1 trillion in TDFs vs $200 billion in 2008.
This train is speeding down a rickety track that needs repair before it is too late. You can help us rescue TDF investors from a looming disaster.
A must have for everyone!