Indeed, the CPA says that of those who had
a particular retirement date in mind, 35 % expect they'll have to remain in the workforce longer than they'd hoped — on average five years longer, compared to what they had hoped back in 2008 (the year of the financial crisis).
Not exact matches
But just as important: Many employer - sponsored
retirement accounts open up access to target -
date funds, which are built with your
particular age in mind.
The S&P Shift to
Retirement Income and Decumulation (STRIDE) Index Series comprises 12 multi-asset class indices, each corresponding to a
particular target
retirement date.
Investing in one target
date fund for a
particular goal such as
retirement is ideal for purposes of monitoring your overall asset allocation.