Anil Vazirani reports Stocks and bonds and Target-date funds posted negative returns in 2018. Retirees do not generally expect to see an annual loss on their target-date funds. However, data shows that many plans did last year.
“Stocks and bonds, both domestic and international, posted negative returns in 2018, meaning that even diversified portfolios registered losses,” says Greg McBride, chief financial analyst at Bankrate. “Target-date funds were no exception.”
“Funds targeting a 2025 retirement, which hold a combined $112.9 billion in client assets, are a prime example of how even well-balanced portfolios felt the pain in a year when the Dow posted a 5.97% retreat (a 6.91% year-over-year loss).”
Read more: https://www.financial-planning.com/list/market-volatility-weighs-on-mutual-funds-with-2025-target-date
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