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Economy

In reply to the discussion: Advice on IRA investment please [View all]

Auggie

(32,016 posts)
8. There are mutual funds called Target Retirement
Thu Apr 18, 2024, 05:58 PM
Apr 2024

The investment risk is weighed upon your current age and the age you plan to retire. As you grow older the fund investment strategy shifts from, say 80% stocks / 20% bonds to 40% stocks / 60% bonds (or something like that). Vanguard has several.

But PLEASE, speak to an investment expert. Either Vanguard or a certified retirement planner.

On edit: Apologies twodogsbarking -- meant to respond to the original poster.

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