Target-date funds have grown phenomenally in the past five years from virtually no assets in 2007 to about $1 trillion today.

Half of this is in mutual funds and the rest in custom funds and collective investment trusts. And it's just beginning. Now is the time to get on board, if you haven't already.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.