One warning to note: Blooom doesn't use your risk profile or future goals, other than
your desired retirement date, to create an asset allocation.
critics advised that the specific fund that corresponds to
your desired retirement date tend to be too conservative, weighted with not enough % of stocks....
One warning to note: Blooom doesn't use your risk profile or future goals, other than
your desired retirement date, to create an asset allocation.
Not exact matches
Many financial firms offer target
date funds that include a mix of investments that are based upon your
desired retirement year.
Individuals may need to save more or less than 15 % depending on
retirement age,
desired retirement lifestyle, assets saved to
date, and other factors.