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Target-Date 2020 Funds Did Well in 2020. Here's Why.
Barron'sLink to more items from this source
Jan. 28, 2021

"For anyone who had been contemplating retiring in 2020, the first quarter couldn't have been easy. Stocks fell 34% in 23 days ... As of Dec. 31, 2020, the average return of a vintage 2020 target-date fund was 10.8%, one percentage point lower than the 11.7% return for a balanced fund with a 50% to 70% equity allocation ... In the first quarter, 2020 target-date funds overall fell 10%, on average."

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