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Bogle: Target Date Funds a Bit Too Clever

The Vanguard founder and former chairman is growing increasingly concerned that target date funds won't provide investors with the right asset allocation for their unique circumstances.

Bogle: Target Date Funds a Bit Too Clever

Don Phillips: What do you think about target date portfolios?

John Bogle: I'm increasingly nervous about target date portfolios with each passing day for a whole bunch of, I think, rational reasons.

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