How To Use An Index Fund For Retirement

The great thing about index funds is that they are "set it and forget it" investments. But does that make sense for a retirement plan? Absolutely, and for a number of reasons. First, though, you should understand what an index fund really does. An index fund owns a selection of investments, much like a typical mutual fund. The difference is, nobody is picking and choosing those investments. There is no money manager in the background trying to pick winners out of a heap of stocks. Rather, in an...