Funds that have
target retirement dates often specify initial asset allocations and target date allocations, systematically moving from the former to the latter.
Not exact matches
Sometimes referred to as life - cycle funds,
target -
date funds are a type of investment vehicle investors
often see in their employer - sponsored
retirement plans.
Many brokerages offer funds,
often called «lifecycle funds» or «
target date funds,» designed to help you meet a specific goal, such as
retirement, by a certain
date.
Many brokerages offer funds,
often called «lifecycle funds» or «
target date funds,» designed to help you meet a specific goal, such as
retirement, by a certain
date.
Target date funds — mutual funds that change their asset makeup based on the expected
retirement age of investors — have grown in popularity in the past decade, partly because they are
often used as qualified default investment options.
Target -
date retirement funds are
often featured as
Target -
date retirement funds are
often featured as default options in
retirement plans because they offer participants a one - stop, diversified approach to saving for — and funding — their living expenses in
retirement.