With a suitable financial backdrop, comes the financial freedom to abandon plans to «stick out» work until a certain target retirement date. (blog.brinkercapital.com)
A fund designed to provide varying degrees of long - term appreciation and capital preservation based on an investor's age or target retirement date through a mix of asset classes. (transamerica.com)
Popular investments in 401 (k) plans include target retirement date funds, mutual funds with risk and investments managed towards a specific retirement age, and broad market index funds like S&P 500 index funds. (investmentzen.com)