Personal Finance

Target-Date Funds: The Answer to Bad Investor Behavior?

John F. Wasik

If you think like a behavioral economist, target-date funds are the partial solution to a perennial problem: Making good choices when it comes to saving for retirement.

That's because bad choices abound. For those of you scoring at home, here's a recap of some of the most popular behavioral errors in saving and investing.

John F. Wasik does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.