The problem with the funds is that they may be viewed as a substitution for planning and all investors don’t fit into a specified category, says Wayne von Borstel, certified financial planner at von Borstel & Associates.
Estimated reading time: 0 minutes, 20 seconds
Some financial planners say that aged-based mutual funds may cause some investors to fall short of reaching their retirement savings goals. So reports CNBC.
The problem with the funds is that they may be viewed as a substitution for planning and all investors don’t fit into a specified category, says Wayne von Borstel, certified financial planner at von Borstel & Associates.