Each fund has an asset mix that's designed for someone planning to retire in the target year. The fund gradually adjusts to become more conservative as the retirement date nears—reducing risk automatically.
You can get a complete portfolio in one convenient package. The fund invests in underlying funds that hold 6,000-plus U.S. stocks and bonds and 2,000-plus international stocks to help spread out risk.
A great value
You keep more for retirement because the fund is managed at cost—it costs you what it costs us to run. On average, other target retirement funds are six times more expensive.*