Latest News
Retirement Savings: They should last as long as you do
Target mutual funds, which let you choose a desired retirement age and manage your investments aimed at that target, have historically used 65 for a planned retirement age. But since longevity has increased so greatly and since so many more people are now working well into their late 60’s or even their 70s, traditional target funds would tend to move you to lower-earning bond investments too soon. As this article by Tim Grant, appearing in the Pittsburgh Post-Gazette explains, living and working longer allows you to enjoy better earnings from stock market investments much later into your golden years, to make sure your savings last as long as you do. Click here to read more.