Vanguard Target-date investments automatically shift their asset mix of stocks and bonds to a more conservative mix as the target-date approaches by following a "glidepath". Find out what the glidepath is and how it works by tuning into to this episode of Target date: Now. All investing is subject to risk. Investments in Target Retirement Funds are subject to the risks of their underlying funds. The year in the Fund name refers to the approximate year (the target date) when an investor in the Fund would retire and leave the work force. The Fund will gradually shift its emphasis from more aggressive investments to more conservative ones based on its target date. An investment in the Target Retirement Fund is not guaranteed at any time, including on or after the target date. Diversification does not ensure a profit or protect against a loss in a declining market. For more information about Vanguard funds, visit www.vanguard.com, or call 800-523-1188, to obtain a prospectus. Investment objectives, risks, charges, expenses, and other important information about a fund are contained in the prospectus; read and consider it carefully before investing. © 2013 The Vanguard Group, Inc. All rights reserved. Vanguard Marketing Corporation, Distributor
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Duration: 7m 28s
Rating: 27