Target date funds can be a useful way to plan for retirement but what happens once you reach retirement age? This story is focused on what to do with target date funds as you transition from the accumulation to spending phase. 1. When does it make sense to hang on to target date funds after reaching your target retirement date? 2. How much, if any, additional risk does that create in your portfolio? 3. If an investor is going to keep their target date funds in their employer’s retirement plan, how does that affect their broader asset drawdown strategy? 4. What considerations should retirees give to taxes/fees when keeping target date funds? 5. If a retiree opts to sell off target date funds, what should they consider replacing those investments with? What’s the best way to offload these funds? I.e. a rollover, cashing out their employer’s plan, etc.