Target-date fund investors remain significantly more confident about investing and meeting their retirement goals than non-target-date fund investors, according to a survey by ING U.S. Investment Management.
The survey also found that individuals who invest in target-date funds are more comfortable with the tasks associated with retirement plan investing than those who do not invest in target-date funds.
Sixty-seven percent of TDF investors said they are comfortable deciding how much to invest in their DC plan, compared to 52 percent of non-TDF investors. Sixty-six percent of TDF investors also said it was easy to get enough information about their investment options to make informed decisions, compared to 49 percent of non-TDF investors.
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