As of 2018, the fund has a 12 -
year time horizon until the shareholder expects to reach retirement.
Not exact matches
The first is the number of
years until you expect to need the money — also known as your
time horizon.
If the bonds don't match your
time horizon, then you either end up trading shorter term bonds
until your 10
years are up (which is an expensive headache), or you take unnecessary interest rate risk with longer term bonds.
Milevsky fans already know he's in favor of heavy exposure to stocks and as of this book, he confesses that he personally remains «heavily invested in them» because he has a long
time horizon and doesn't plan to stop working
until he's 70
years old.