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45.4% of Boomers on Fidelity’s Platform Keep Every 401(k) Dollar in One Target-Date Fund. Here’s What That Fund Actually Holds at 67

Source: 247wallst.com

Investor Sentiment & Positioning
45.4% of Boomers on Fidelity’s Platform Keep Every 401(k) Dollar in One Target-Date Fund. Here’s What That Fund Actually Holds at 67

Nearly half of Boomers on Fidelity’s platform reportedly invest every dollar in their 401(k) in a single target-date fund and do not review its holdings. The article notes that the fund’s allocation at retirement may not reflect individual circumstances, but gives no specific fund details or performance figures.

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