Understanding target date retirement funds

Name: Understanding target date retirement funds
Uploaded: 2014-05-13T20:24:00.000Z
Duration: 4 min 16 s
Description: Financial Engines CEO Jeff Maggioncalda helps consult about 9 million of the 78 million baby boomers with their 401(k) plans. In one study, his company found people are making mistakes using "target date" retirement funds. Chad Parks, The Online 401(k) founder, provides perspective. With CNBC's Kelly Evans and Sharon Epperson.

Financial Engines CEO Jeff Maggioncalda helps consult about 9 million of the 78 million baby boomers with their 401(k) plans. In one study, his company found people are making mistakes using "target date" retirement funds. Chad Parks, The Online 401(k) founder, provides perspective. With CNBC's Kelly Evans and Sharon Epperson.

04:16

Tue, May 13 20144:24 PM EDT

Sharon Epperson

Kelly Evans