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Featured Client Work

O.M.G. Official Money Guide for Couples

Developed in collaboration with Money Savvy Generation, Official Money Guide for Couples was just awarded the 2019 Adults' Book of the Year: Money Management by the Excellence In Financial Literacy Education (EIFLE) Awards.

The book offers practical, supportive advice and guidelines for working with your spouse or partner to create a secure financial life together, and for avoiding the money problems that can split couples apart.

Official Money Guide for Couples is the third in a series, joining award-winning financial literacy guides for teenagers and college students.

Request a sample at info@lightbulbpress.com.


Featured Financial Term

TARGET DATE Funds

A target date fund is a fund of funds that allows you to invest in a portfolio with a particular time horizon, typically your expected retirement date. Each target date fund characteristically has a date in its name, such as Fund 2020, Fund 2030, Fund 2040, or Fund 2050, and so on. You choose one whose date is closest to the date you plan to retire.

A target date fund aiming at a date in the somewhat distant future tends to have a fairly aggressive asset allocation, with a focus on equity funds. As the target date approaches, the fund is reallocated to become more conservative to preserve the assets that have accumulated and provide income. The pace of that reallocation is known as the fund's glide path.

Each fund company's glide path, which is based in part on its approach to risk, differs somewhat from the glide paths of similar funds, so that the allocation of one Fund 2025 may be noticeably different from the allocation of a Fund 2025 from a different company. For example, some funds remain more heavily invested in equities at maturity than others.


 

 

 

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