Week 46 Day 1: The One-Fund Portfolio: Total Simplicity

You can build a perfectly adequate retirement portfolio with a single fund: a target-date fund (like Vanguard Target Retirement 2055 or Fidelity Freedom 2050). It holds stocks and bonds in an age-appr...

You can build a perfectly adequate retirement portfolio with a single fund: a target-date fund (like Vanguard Target Retirement 2055 or Fidelity Freedom 2050). It holds stocks and bonds in an age-appropriate mix and automatically becomes more conservative as you approach retirement. Zero decisions. Zero rebalancing. Zero mistakes.