Afford Anything · Tuesday, October 27, 2026
A long-time retirement plan sponsor with 1,100 employees argues that target date funds are highly effective defaults for the vast majority of workers who do not actively manage their portfolios, pushing back against criticisms of the funds.
“When you look at how many people's only investments they do are their company-sponsored 401k plans, having the ability to have a low-fee Vanguard target date fund as our default is a real problem. Benefit to people. And I think the target date rant is misplaced for the vast majority of people who really just need some auto-reportation.”