fizkes / Shutterstock.com

Target-date funds are designed to lower your investment risk as you age, giving you one less thing to worry about in life. As your target retirement date nears, the fund asset allocation automatically changes such that lower-risk investments like bonds comprise an increasingly larger portion of the fund while higher-risk investments like stocks comprise an increasingly smaller portion.

Read More

Tags:

Leave a Reply

Your email address will not be published.

You may use these <abbr title="HyperText Markup Language">HTML</abbr> tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

*