Three great target date funds for your nest egg
Target date funds are all about setting a date, and forgetting all about it until retirement. New to the concept, and looking for some great investment firms to help you out with your plans? What makes a great target fund is that it doesn’t impede the retirement investment plan during its fund allocation processes. Growing your fund for retirement doesn’t have to be hard. Approach the right firms with the right intentions. Here are a few great choices if you are looking to invest in target-date funds. Vanguard Target Retirement 2050 Fund What makes Vanguard great is that it’s an ideal mutual bond firm. It’s similar to your own personal investments, and easy track of it. It works like a mutual fund company and is majority owned by its investors, hence the low fund fees. Their target date funds range in five-year increments (from 2020 to 2060) and they invest in only four indexes. The Total Stock Market, Total Bond Market, Total International Stock Market and finally, The Total International Bond. What makes it even more secure is that the plan is designed to create greater investment returns. If you’re planning on buckling up and building your nest egg for your retirement years, then this one might be the best option for you.