These are geared towards retirement savings and become more conservative as you get closer to the target retirement date.
The portfolios become more conservative as investors approach their retirement date, by automatically adjusting the allocation to each asset class.
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So, it should come as no surprise that age 65 has become a fantasy retirement date for an entire generation.
The bill authorizes an additional shuttle launch, extending the retirement date of the shuttle program from February 2011 until June 2011.
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Tip: Either keep the term of the loan the same, or coordinate the payoff date with your estimated retirement date.
The theory is that as your retirement date arrives, the changing asset mix will provide the proper recipe for stability and growth.
"I will be entering my 65th year next year and I felt it was the right time to set my retirement date, " said Baron.
The time horizon is thirty years, which assumes that the last surviving spouse will need money for at least thirty years after the retirement date.
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The trick to these is that you may want to move from a more aggressive to a more conservative fund as you get closer to your retirement date.
Russian efforts to keep Mir in orbit past an original retirement date of June have irritated the United States, which has pressed Moscow to focus its meager resources on the International Space Station.
Owning a retirement target date fund could throw off a balanced approach to your investments.
Others, such as target-date retirement funds and 529 college-savings-plan funds, are managed with a specific date in mind and grow more conservative as that date approaches.
But I also fancy the simplicity of target-date retirement funds which increasingly 401 (k) plans are offering, too.
Rowe, which operates one of the largest no-load mutual fund complexes in the U.S. Some 75% of its assets under management is invested in equities and 25% in target-date retirement funds.
Think of the old rule of thumb to subtract your age from 100 and invest that percentage in stocks or of the modern version in the form of target date retirement funds that start aggressive and become more conservative as you get closer to retirement.
Pushing back the date of retirement is certainly something over which older workers have some control.
Even modest amounts of additional income can allow individuals to delay the drawdown of their retirement assets or the date when they claim Social Security benefits, allowing those assets to grow and requiring them to cover fewer years.
The study found that only 58% of people 25-34 years of age save for retirement, sad because saving early gives that money many more years to grow. 76% of those 55 and older are saving for retirement, but that date is too close for that money to grow nearly as much.
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The classic example is target-date funds for retirement.
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Now that the ECB's president, Wim Duisenberg, has set a date for his retirement (July 2003) things are shaping up for a much bigger fight, especially because France's candidate is still saddled with a legal investigation into his role in a domestic banking collapse some years ago.
By 2016, 55% of 401(k) participants will have their whole retirement accounts invested in a single target date fund, up from 24% last year.
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Its breakfast show host Bam Bam - whose real name is Peter Poulton - had a website which asked listeners to predict the date of Tarrant's retirement.
Structuring systematic withdrawals from a target date fund can be a straightforward strategy for creating retirement income for some investors.
The national debate regarding public pension woes to date has focused almost exclusively upon inadequate funding of these retirement plans and the supposedly unsustainable benefits promised to workers.
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Pension rights accrued under the existing sections will be protected, so pensions earned up to the change-over date of April 2015 will be payable at the current retirement ages.
One reason for the growth: They are among the few permissible "default options" in many retirement plans, so investors may have their savings in target-date funds without actively choosing them.
One response to such inertia has been the spread of target-date funds, which rebalance automatically as the participant nears retirement age, and target-risk funds, which are managed and rebalanced according to a saver's risk tolerance, as opposed to his age.
Retirement Series and Vanguard Target Retirement funds were the top two funds in Morningstar's latest ranking of target-date funds.
He wanted the date on his personal record adjusted, to let him serve a few months beyond his scheduled retirement in May.
The shortcut to asset allocation is to buy so-called target-date funds, which gradually turn to a more-conservative mix of assets as shareholders approach retirement.
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