Research, analysis, and thoughts on retirement investments & the future of personalization
Chief Investment Officer of Retirement Will McGough joined Stadion Money Management in 2003 and currently serves as Chief Investment Officer of Stadion’s Retirement investment strategies which comprises oversight of Stadion’s risk-based, target date, and managed account strategies. He is a member of the Investment Committee and Senior Management team, and serves as as Stadion’s Chief Investment Officer, Retirement. He provides thought leadership for Stadion’s participant level, customized retirement solutions, in order to ensure that its glide path technology and asset allocation are able to support all intermediaries in the defined contribution ecosystem. Will received his BBA in Finance from the University of Georgia and also holds the Chartered Financial Analyst designation. Will is a member of the CFA Institute, the CFA Society of Atlanta, the American Association of Professional Technical Analysts, National Association of Active Investment Managers, the UGA Alumni Association and National Eagle Scout Association.
Almost all 401(k) plans have the basic asset classes covered, but the degree to which they vary with regard to basic asset class investment options as well as their inclusion of additional classes, can be notable. Target Date Funds (TDFs) are investment vehicles that, too, use asset classes. Finding out which ones can require a little digging, though, as you'll most likely need to reference a TDF's factsheet or issuer's website.
All 2020 Target Date Funds reach their target year in 2020 but not all will take action. Why? Because every glide path is different.
Target Date Funds (TDFs) are designed to reduce equity exposure as the target date approaches, becoming more conservative as participants age.
For an entire generation, the golden age of television was the 1950s. Its effect on how Americans spent their leisure time was as culturally revolutionary as radio had been a generation earlier....Customer choice, as we now think of it, simply didn’t exist.
One of the most decorated tennis players—tied for 14th on the all-time number of grand slams list—is John McEnroe. However, he is probably remembered by most for his frequent questioning of the chair umpire. His most memorable tirade in 1981 at Wimbledon was a quote that eventually provided the title for his memoir… “You cannot be serious!”