The coronavirus crisis saw extreme whipsawing in the market with the fear and chaotic climate of the spring of 2020 providing a challenge to long-term investors, daring them to stay the course. But according to this year’s edition of “How America Saves,” Vanguard’s insights show that many of the new retirement saving measures helped ward off rash – and potentially expensive – decisions. Vanguard said that over the last 15 years the increased adoption of target-date funds has led to a 75%… Source link
Read More »Target-date funds led to 75% decrease in ‘extreme’ equity allocations: Vanguard
