The Dimensional Fund Advisors2020 fund is managed for 15 years after the retirement date. Inhedging against inflation, the series is designed to provide a morecertain income stream during the decumulation phase of investing.(Photo: Shutterstock)
Tim Kohn thinks the $1.4 trillion target-date fund market issuffering from a herd mentality.
“Everyone is doing the same thing,” said Kohn, head of definedcontribution services for Austin, TX-based Dimensional FundAdvisors.
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