Invest in Your Future with Target Date Funds

What Are Target Date Funds?

Target Date Funds are a type of investment designed to simplify retirement planning. They automatically adjust their asset allocation based on your expected retirement date, making them a convenient option for retirement plan participants who prefer a hands-off approach.

Key Benefits

• Automatic Adjustments:
  • As you approach retirement, the fund gradually shifts from higher-risk investments like stocks to more conservative options like bonds, reducing risk.
• Diversification:
  • Target Date Funds offer a diversified portfolio, spreading investments across various asset classes to balance risk and return.
• Professional Management:
  • Managed by experienced financial professionals, these funds are designed to optimize your investment strategy over time.
• Simplicity:
  • Choose a fund based on your expected retirement year and let the fund handle the rest. No need to constantly rebalance your portfolio.

How It Works

• Select Your Target Date:
  • Choose a fund with a target date closest to your expected retirement year (e.g., 2035, 2045).
• Invest and Relax:
  • The fund will automatically adjust its asset allocation as the target date approaches, minimizing the need for active management.
• Monitor Progress:
  • While these funds are designed for long-term investment, it’s still important to periodically review your retirement goals and fund performance.

Get Started Today

• Log in to your retirement plan account portal.
• Navigate to the investment options section.
• Select the Target Date Fund that aligns with your retirement goals.

TDF Glidepath and Age Determination Table