Description: Over the past decade, target-date funds have become a half-trillion-dollar industry by seeming to answer several of a typical investor’s prayers all at once.

Source: Businessweek.com

Date: Oct 17, 2013

Link: http://www.businessweek.com/articles/2013-10-17/target-date-funds-may-face-losses-when-interest-rates-rise#r=nav-fst

Questions for Discussions:

• What are target-date funds?
• Do they remove the necessary financial planning to manage a fund?
• Do you think the strategies described in the article are sensible, given the goals for these funds?