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Reply to "age-based funds in VA 529 program?"
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[quote=Anonymous][quote=Anonymous]Stick with the target date fund. You're paying the higher expense ratio now because they are actively managing it for you. It will rebalance automatically without you having to go in and change the allocation every couple of years. Target date funds are terrific for 529s. They're not good in a retirement portfolio.[/quote] Can I press you on your last sentence? Why are they not good in a retirement portfolio? I've been asking dh to switch to the target date fund for his TSP account (federal workers' 401K plan). He has been reluctant without really explaining why.[/quote]
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