Rebuttal to Ben Inker Of GMO On The Defined Contribution Challenge

Rebuttal to Ben Inker Of GMO On The Defined Contribution Challenge by Ronald J. Surz  Ben Inker of GMO On The Defined Contribution Challenge, April 5, 2014 Ben Inker is wrong. Target date funds cannot provide adequate savings for retirement, regardless of how hard you try. Ben Inker advocates a “dynamic asset allocation” TDF as the solution, but the only correct solution is saving enough. “Save enough and don’t lose it” is the recipe for a comfortable retirement. Investments matter, especially the “don’t lose it” ingredient. Consultants can help savers financially navigate to adequate savings through time but this is a one-on-one…