5/5/2015 – A silver lining for retirement savers (The Washington Post)

May 06, 2015 Comments Off by

More and more money is flowing into target-date funds, a popular default choice for companies that automatically enroll workers into retirement savings plan. But as the funds grow in popularity, investors using them are benefiting from another shift — they’re growing less expensive. The average fee charged by target-date funds dropped to 0.65 percent this year, down 11 percent from 2011, according to a report released Tuesday by BrightScope, a company that tracks and ranks 401(k) plans. Total assets invested in target-date funds topped $700 billion last year after investors poured in a net $49 billion, up 8 percent from 2013, according to Morningstar, a fund research firm.

Read the full article in The Washington Post.

Financial Landing 2015

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