Stay out of Target Date-Rape Funds folks.  The layering of fees is expensive and deceptive.  American Chemicals and Equipment is suing Prinicpal over some questionable accounting used to disclose fund fees.  Howbout $120 million in “acquired fund fees” for 2012.

Take a look at the disclosed fund fees for John Hancock Target Date 2035.  6 share classes with fees ranging from .71 to 4.13.  These are just the disclosed fees.  John Hancock Target Date Fund Fees – Same Fund, different sharesJohn Hancock Fees

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