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...
Fidelity Freedom Index 2045 Fund Investor Class FIOFX 0.12% Lifecycle Index 2045 Fund Premier Class TLMPX 0.25% American Funds 2045 Target Date Retirement Fund Class R-5 REHTX 0.42% T. Rowe Price Retirement 2045 Fund TRRKX 0.62% This data is current as of May 31, 2024. Data is for inf...
An investor's anticipated year of retirement is the "target date" of a target-date fund. This type of fund works best for those who can estimate their retirement age and year. Many financial institutions offer target-date funds. The fund names are transparent, like Fidelity Freedom 2050 (FFF...
There are two types of target date funds. Those that glide into the most conservative portfolio mix on the target date (exactly in 2050 for a “2050” fund) are considered “to” funds. Those that extend the glide path to a point in the future that’s past your target date are called...
Target Date 2025Target Date 2030 Target Date 2035View All Target Date Allocation Funds ›› IncomeBalancedConservative/BalancedConservative Tactical AllocationUS AllocationInternational Allocation View All Retirement ›› Equity View All Equity ›› ...
In target date funds, investors elect to contribute to one fund based on their estimated retirement date. From 58 percent equities and 42 percent fixed income portfolio, Russell will shift to 95 percent equity and 5 percent fixed income.Smolkin...
Target-Date Funds: An Overview Target retirement funds are designed to be the only investment vehicle that an investor uses to save for retirement. Also referred to aslife-cycle fundsor age-based funds, the concept is simple: Pick a fund, put as much as you can into the fund, then forge...
The professional manager of the target date fund decides how much risk he or she thinks you should be taking at a certain time period before retirement. That may be less aggressive than you wish to be or more aggressive than you wish to be. For example, most of these funds start out at...
Sign up for Fidelity Viewpoints weekly email for our latest insights. Subscribe now What is a target date fund? Target date funds (TDFs) invest in a diversified mix of securities, including stocks, bonds, and other investments. TDFs are commonly used for retirement savings, with investors se...
One suite offers an active-only approach and the other combines actively managed and index funds to significantly lower overall fund costs. Using both active and passive managers Balanced use of active and passive underlying managers with predominantly active managers in our Retirement Date Funds suit...