Question: How often do participants quit target-date fund (TDF) strategies?
Answer: Pretty infrequently!
Vanguard data shows a much lower quit rate—defined as no longer holding just TDFs—compared to what others have reported. 324 more words
Plan design choices such as automatic enrollment and offering professionally managed investment options, like target-date funds, are dramatically impacting 401(k) participants today. These solutions wouldn’t have such widespread utilization without the technology that enables them. 453 more words