Retirement PlanningFDIC Contribution Percentage Definition Joint and Survivor Payment Option (or Annuity) Social Security Annuity IRA Rollover
Life Cycle Fund
A life cycle fund, also known as a target date fund, is a type of mutual fund that adjusts its level of risk according to the age of its owner. As the investor approaches retirement, the fund will gradually shift towards a more conservative investment strategy, reducing its exposure to stocks and increasing its holdings in fixed income assets. This recognizes the need for a lower risk profile for someone nearing retirement. Essentially, a life cycle fund is designed to align with an individual's changing investment needs as they progress through different stages of life.
Related terms
Understand the meaning and definition of FDIC in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Contribution Percentage Definition in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Joint and Survivor Payment Option (or Annuity) in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Social Security in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Annuity in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of IRA Rollover in the context of stock market, trading, and investments.
MORE
Explore other categories
10 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments
Get the link to download the App
