Choosing a target date fund may be one of the most important decisions a retirement plan fiduciary will make, which is why we offer the PGIM Target Date Funds.
Target-date funds in focus.(PERFORMANCE/RESEARCH)Levaux, Janet
As you approach your target date, target-date funds move more of your money from stocks to bonds. However, this approach lowers your overall potential return, creating a drag on performance in exchange for relative safety. If the fund moves too much money into bonds too quickly, it could se...
Already have one target-date fund suite in your plan? Here’s why adding another can offer retirement savers greater choice—and greater potential—to save.
While the set-and-forget nature of target-date funds is a key feature, experts advise looking at your fund's performance once a year to ensure it still works for you. Also, look at other investments you hold. How do those assets and your target-date fund fit together? If you don’t...
When you choose PGIM target date funds, you also have access to our financial wellness resources that you can use to budget, save, and understand how to take action to help achieve your short-term and long-term financial goals. Explore More *PGIM is the investment management business of ...
The "target date" of a target date fund is the anticipated year of retirement: each of our 14 Fidelity Freedom Funds has a year in its name. Choose a Fidelity Freedom Fund based on the year you expect to retire. You don't need to adjust your asset allocation over time because Fidelity...
1Average was time weighted based on the percentage of total rolling performance periods provided by each Retirement Fund. Analysis by T. Rowe Price. Source: Morningstar. The target date funds included in the combined portfolios were (1) defined as passive by Morningstar in its most recent ann...
1 Source: Morningstar Direct as of 31 Dec 2023 using average returns across all passive target date series and then ranking them. Results do not reflect the effects of sales charges, account fees or taxes and assume all distributions are reinvested. Past performance is no guarantee of future ...
Most target-date funds are still structured as mutual funds, particularly those offered through employer-sponsored retirement plans. When selecting a target-date fund, consider the fund's glide path, underlying holdings, the fund manager's performance history, and fees. Of course, ensuring that the...