How Target Retirement Funds work

Each Target Retirement Fund invests in several Vanguard funds, primarily low-cost index funds, to create a broadly diversified mix of stocks and bonds. More

What happens on the target date

A Target Retirement Fund doesn't do anything special on the target date, and you don't need to do anything either.

How to choose one

Every Target Retirement Fund except the Income Fund has a year in its name. This is the target date, the year in which a fund investor would retire and leave the workforce.

Don't forget to save

Target Retirement Funds are not guaranteed. Investing in one does not mean you'll have enough income in retirement.