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.
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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.
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Don't forget to save

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