target date funds

Originally aired 02.10.23 There are many funds in the financial world. We’ve talked about index funds, mutual funds, hedge funds, exchange-traded funds… and believe it or not, there’s more. Today, Nicole sits down with financial expert and author Ramit Sethi to talk about a new addition to the fund family: target date funds. For more Ramit, check out: https://www.iwillteachyoutoberich.com/ Want the kiddos in your life to become money masters? Check out Greenlight, the best money app and debit card for families (and get one month free!): http://greenlight.com/moneyrehab Investors: want to get a 1% bonus on your investments? Check out our sweet deal with Robinhood at http://robinhood.com/mnn  Is mental health a resolution for 2024? Get 10% off your first month of therapy with BetterHelp at: http://betterhelp.com/moneyrehab  Want one-on-one money coaching from Nicole? Book a meeting with her here: intro.co/moneynewsnetwork

There are many funds in the financial world. We’ve talked about index funds, mutual funds, hedge funds, exchange-traded funds… and believe it or not, there’s more. Today, Nicole sits down with financial expert and author Ramit Sethi to talk about a new addition to the fund family: target date funds. For more Ramit, check out: https://www.iwillteachyoutoberich.com/

In this episode of The Personal Finance Podcast, we’re going to talk about the easiest way to invest which is target date retirement funds.   Join Our Newsletter here! Index Fund Pro Waiting List! https://mastermoney.co/index-fund-pro-pre-launch/    Checklist of relevant episodes:  How to Access Your Retirement Funds Early! The Million Dollar Money Decisions You Should Be Focusing On How to Build Your Index Fund Portfolio (Choose The Best Asset Allocation for You) 9 Ways to Retire Early (Reach Financial Independence in Your 30’s and 40’s!) What to Do If You Started Investing Late (Turn Your Retirement Around!)   Youtube video mentioned: Here Is The Crazy Impact Of Fees If You Invested $500 A Month Over The Course Of 30 Years #shorts   Personal Finance Youtube Channel https://www.youtube.com/@thepersonalfinancepodcast    Sponsors:     Thanks to Ka’Chava For Sponsoring the show! Go to kachava.com/pfp and get 10% off on your first order.      FREE GUIDES: ============== -Check out the free guide on where to put your money in what order!  https://www.mastermoney.co/stairway-to-wealth   -Here is the free How to Ask for A Raise ebook! https://www.mastermoney.co/get-a-raise-ebook   -Get Access to the 75-Day Challenge: https://www.mastermoney.co/75daychallenge    =============   We have a YOUTUBE channel! Check it out here!    Our Latest Videos:  How To Grow A Podcast Organically What Would Happen If You Maxed Out Your Roth IRA By Age?! (These Results Will Amaze You!) How to Become a Millionaire With a Small Amount of Money (Is it Really This Easy!?) Pre-tax moves for high earners   Got questions? Ask me on Instagram Here. @mastermoneyco This is the fastest way to get in touch with me.  ============   Want to Support the Show? Follow on Spotify or Follow and Leave a 5-Star Review on Apple Podcasts!   ============   Check out all the Stuff I Recommend!  Check out all my favorite Credit Cards https://milevalue.com/top-offers-mastermoney/  USEFUL RESOURCES: The Year-End Money Checklist https://mastermoney.co/year-end-money-checklist/  The 75 Day Money Challenge https://mastermoney.co/75-day-challenge/  Finally, Get That Raise https://mastermoney.co/resources/   ============     DISCLAIMER: I am not a financial adviser. This Podcast is for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am sharing my opinion.    AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.   ============     Check us out on social fam!    Twitter   Tiktok   www.thepersonalfinancepodcast.com   www.mastermoney.co Learn more about your ad choices. Visit megaphone.fm/adchoices

The best part about living in 2022 is the fact that you don’t have to know anything about investing to be a successful investor thanks to products like Betterment (and financial technology more broadly).  But what if you do want to manage your own investments? Then what? Before I learned about Paul Merriman and Chris Pedersen’s Two Funds for Life strategy, I never really knew what to tell people aside from do your research and best of luck to you, madam. So this week, I’m joined by Chris (who created the Two Funds for Life model) to talk about an amazing 80/20 solution for getting proper, low-cost diversification with only two funds (hence the name). Not only that, but the “rebalancing” is more or less taken care of for you.  Follow Along Blog Instagram Twitter Learn more about your ad choices. Visit megaphone.fm/adchoices

Nicole explains what a target fund is— and unpacks some hangups that many experts won’t tell you about. See omnystudio.com/listener for privacy information.