Sentences with phrase «target retirement year»

They are specifically managed funds for people of a certain age or a certain target retirement year.

With our risk tolerance established, we were assigned a portfolio and shown hypothetical projections of where we might end up in 2042 (we selected a random target retirement year in the future during the questionnaire).

More than half did not know TDF providers can vary in their mix of bond and stock investments for mutual funds built for a similar target retirement year (e.g., not all 2055 TDFs are alike).

There's no definitive answer on what the optimal asset allocation is, but you still can have a pretty good idea by taking a look at how the so - called lifecycle funds, or target - date funds, invest their money based on a targeted retirement year.

Unlike a pure stock or bond fund, a target - date fund mixes asset classes and adjusts the balance over an employee's career to optimize returns for a target retirement year — much like a mini pension fund.

These mutual funds are specially designed to maintain a popular asset allocation for your target retirement year.