Target Date Funds Explained: The 401(k) Choice Most People Never Make

In today’s episode, Ralph Estep Jr. and Juliet spend the whole show on 401(k)s, covering the fees nobody sends a bill for, the fund you may never have chosen, and the old accounts people leave behind. In This Episode ✓ How a one-point fee gap cuts a 401(k) balance by 28% in the Labor Department’s example ✓ Why two target date funds with the same year can cost very different amounts ✓ 31.9 million forgotten 401(k)s holding $2.13 trillion ✓ What fiduciary means and why it matters when you pick a fund ✓ One Good Question: Marcus’s water bill jumps from $75 to $210 ✓ Money move: find your first $25 in cut week If you have never looked at what your 401(k) actually costs, this episode gives you a place to start. Resources Watch live: https://www.becomingfinanciallyconfident.com/live Win Our Christmas Bonus giveaway: https://www.becomingfinanciallyconfident.com/giveaway Book a call: https://www.ralphestepjr.com/schedule Year-end tax review: https://www.becomingfinanciallyconfident.com/yearend Retirement Savings Lost and Found: https://lostandfound.dol.gov/ Follow Becoming Financially Confident LinkedIn: https://www.linkedin.com/company/becomingfinanciallyconfident Facebook Group: https://www.facebook.com/share/g/1HpWqv8jp9/ Instagram: https://www.instagram.com/becomingfinanciallyconfident Skool Community: https://www.skool.com/becoming-financially-confident-7556 Have a money question? Send it here: becomingfinanciallyconfident.com/voicemail Companies Mentioned Vanguard Fidelity Intel Citizens Financial Group Exxon Demos Capitalize Home Depot