Target Date Funds Explained: The 401(k) Choice Most People Never Make

In today’s episode, Ralph Estep Jr. and Juliet spend the whole show on 401(k)s, covering the fees nobody sends a bill for, the fund you may never have chosen, and the old accounts people leave behind.

In This Episode

✓ How a one-point fee gap cuts a 401(k) balance by 28% in the Labor Department’s example

✓ Why two target date funds with the same year can cost very different amounts

✓ 31.9 million forgotten 401(k)s holding $2.13 trillion

✓ What fiduciary means and why it matters when you pick a fund

✓ One Good Question: Marcus’s water bill jumps from $75 to $210

✓ Money move: find your first $25 in cut week

If you have never looked at what your 401(k) actually costs, this episode gives you a place to start.

Resources

Watch live:

https://www.becomingfinanciallyconfident.com/live