Comment by youngtaff
3 months ago
You still need to be invested in equities at retirement otherwise inflation just eats away at the value of the cash
3 months ago
You still need to be invested in equities at retirement otherwise inflation just eats away at the value of the cash
That’s why these target funds go down to ~50% stocks [edit: at the target date] not 0.
At least at Vanguard the final stage of target date funds is ~30% stocks: https://investor.vanguard.com/investment-products/mutual-fun...
That fund is currently at 50% stocks. It does get more conservative as you get past the target date, but I was mainly referring to the stock percentage at target date, which the parent poster implied was almost zero.