In a Fiduciary News article of June 17, 2014, Ron Surz of Target Date Solutions said the following regarding investments in target date funds:  “Very little good has happened since 2008.  Unfortunately, TDFs have actually become riskier at the target date.  Fidelity recently increased their equity exposure, positioning for the performance horse race.  Also, non-equities at the target date are mostly long-term bonds, which are hardly safe in a zero interest rate environment.  It’s a disaster waiting to happen . . .”