Do you like target date funds? I do not. I can do better by buying index funds and treasuries myself.

A target date fund aims to capture a 60/40 portfolio inside one fund. As you get closer to the target (say 2050), the fund converts index funds into bonds.

Eventually, your target date fund will be primarily bonds, and you will sell shares to generate income during retirement.

I don't like target date funds because they use bond funds instead of individual treasuries, municipals, corporates, and mortgage-backed securities.

I can use index funds and individual bonds to increase my safety and income while adding some closed-end funds for high income. Together, I can create and maintain a level of safety, preservation, and income I couldn't with a target date fund. Good Luck!

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