TIER I – Vanguard Target Retirement Funds
Monthly Performance (available 16 business days after month end)
Investment Overview
Participants have the option to select a fund based on their anticipated retirement date. These funds offer a diversified portfolio in a single investment fund. Each fund invests in Vanguard equity and fixed income index funds. Generally, the asset allocation of each target retirement fund will gradually become more conservative as the fund nears the target retirement date. The date in a target retirement fund’s name is the approximate date when investors plan to start withdrawing their money (which is assumed to be at age 65). Through this approach, a single Target Retirement Fund is meant to serve you throughout both your career and retirement.
Get a complete portfolio in a single fund
Less risk through broader diversification
A professionally managed asset mix
Automatic rebalancing
Low costs