Target Date Funds and Retirement Savings (PDF)

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Target Date Funds and Retirement Savings (PDF)
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]

June 28, 2010

20 pages. Excerpt: The purpose of the work described in this report is to gain a better understanding of how TDFs can affect the accumulation of retirement wealth compared to other asset holdings. To that end, the U.S. Department of Labor ... requested that we use the micro-simulation model PENSIM to examine the distribution of DC benefits accumulated by investors under various asset allocation strategies.

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