Vanguard has launched a new target-date fund with young investors in mind.
The Vanguard Target Retirement 2060 Fund will provide age-appropriate exposure to domestic and international stocks and domestic bonds for investors who plan to retire and leave the workforce around 2060, which would put them between 18 and 20 years old.
The fund would allocate 63 percent of its funds to the Vanguard Total Stock Market Index Fund, 27 percent to the Vanguard Total International Stock Index Fund and 10 percent to the Vanguard Total Bond Market II Index Fund.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
