A Performance Test for Your Self-Managed IRA or 401(k)
Using target-date funds as a benchmark can help you gauge your retirement portfolio's performance versus that of the pros.
Note: This article is part of Morningstar's November 2013 Investor Starter Kit special report. This article originally appeared Sept. 17.
Question: I manage my own IRA as well as my wife's, but I'm never really sure how good of a job I'm doing. Aside from comparing the portfolios' performance against the market, is there another benchmark I can use?
Adam Zoll does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.