Target Date funds have grown in popularity over the last decade especially inside employer benefit plans such as 401Ks. On the surface, they all seem to be exactly the same. First, you pick your fund based on your anticipated retirement date. Then you let the manager handle the rest – they utilize their glide path and make the portfolio more conservative as you approach retirement. While true, behind the scenes there are subtle differences that investors should be aware.

Financial Planning, General Financial Plan..., Investments, Mid Career Professional, Personal Finance, Personal Financial Pla..., Pre-Retiree, Retirement PlanningDave Trettel, CFP®December 9, 2024Stock Market, Retirement Planning, Retirement Plans, financial planning, mutual funds, 401k, Asset Allocation, diversification, investing, investment management

Teaching Your Grandkids About Money

You can definitely make a difference is with your grandchildren’s personal financial education. Teaching kids early will build a lifetime of good financial habits. How can we help them develop good financial habits? By taking advantage of the fact that they really are already watching and learning from what we do and say.

Charitable Gifting, Company News, Investments, Personal Finance, RetireeChip Hymiller, AIF®, CFP®February 21, 2023Beacon Financial StrategiesPersonal Finance, Charitable Gifting, diversification, investing, market turbulence, Stock Market, mutual funds, ETFs