[havermeyer]

FYI you may be better off using an index fund and then rebalancing into bonds or other fixed income options closer to retirement. See this article, for example. https://www.cnbc.com/2018/07/13/one-of-the-biggest-retiremen...

[jrochkind1]

But isn't that what the "lifecycle" target date funds do? The argument is that you will know the schedule you want to rebalance on for your custom personal needs, better than the generic target-date "lifecycle" fund will?

[havermeyer]

Sorry, I didn't check comments for a while. The target date funds tend to have higher management fees and yes, worse composition of stocks versus bonds compared to holding a mix yourself, IMO, based on your goals.