E4: I have a Target Date Fund—should I move my money into something more specialized?

It’s easy to feel loyal to an investment that has done well for years, but past performance is not a guarantee of future safety. Joey from DuPage County asks how to know when it’s time to move away from the “stable” Target Date Fund in his old 401(k). Mark explains that while these funds reallocate as you age, they can still leave you fully exposed to the whims of the market.

We explore the emotional shift required to move from a “growth” mindset to a “protection” mindset. Learn why looking through the windshield is more important than the rearview mirror and how specialized management can help build a safety net that Target Date Funds might lack.