Fidelity Target Date 2030: Your Retirement on Track

Target Your Future with Fidelity

Fidelity's target-date funds are a convenient and low-cost way to invest for retirement. These funds are designed to automatically adjust your asset allocation as you near retirement age. The Fidelity Target Date 2030 Fund is a good option for investors who plan to retire around 2030.

How the Fund Works

The Fidelity Target Date 2030 Fund invests in a mix of stocks, bonds, and other assets. The fund's asset allocation is designed to become more conservative as you near retirement age. This helps to reduce your risk of losing money in the years leading up to retirement.

The Benefits of Investing

There are many benefits to investing in a target-date fund, including:

• Convenience: Target-date funds are a one-stop solution for retirement investing. You don't have to worry about choosing and managing individual investments.
• Low cost: Target-date funds are typically managed by experienced investment professionals, but they have lower fees than many other types of investment accounts.
• Automatic rebalancing: Target-date funds are designed to automatically rebalance your asset allocation as you near retirement age. This helps to keep your portfolio on track even when the market is volatile.

How to Choose a Target-Date Fund

When choosing a target-date fund, it's important to consider your age, risk tolerance, and investment goals. You should also make sure that the fund's fees are reasonable.

The Fidelity Target Date 2030 Fund is a good option for investors who are in their 50s and plan to retire around 2030. The fund has a moderate risk profile and a low expense ratio of 0.15%.

Additional Information

For more information on Fidelity's target-date funds, please visit www.fidelity.com/target-date-funds. You can also speak to a Fidelity representative by calling 1-800-FIDELITY.

Tables

Table 1: Historical Returns of the Fidelity Target Date 2030 Fund

Table 2: Asset Allocation of the Fidelity Target Date 2030 Fund

Table 3: Fees of the Fidelity Target Date 2030 Fund

Table 4: Performance of the Fidelity Target Date 2030 Fund Compared to Other Target-Date Funds

Tips and Tricks

• Invest for the long term. Target-date funds are designed for long-term investment. Don't panic and sell your shares if the market takes a downturn.
• Consider your risk tolerance. Target-date funds are available with different risk profiles. Choose a fund that is appropriate for your age and investment goals.
• Rebalance your portfolio regularly. Target-date funds are designed to automatically rebalance your asset allocation as you near retirement age. However, you may want to rebalance your portfolio more frequently if you have a large amount of money invested.
• Maximize your contributions. The more money you contribute to your target-date fund, the more money you'll have in retirement. Consider increasing your contributions over time as your income increases.

Common Mistakes to Avoid

• Investing too late. The earlier you start investing, the more time your money has to grow. Don't wait until you're close to retirement to start saving.
• Panic selling. If the market takes a downturn, don't panic and sell your shares. Target-date funds are designed to weather market volatility.
• Ignoring fees. Target-date funds have low fees, but they can still add up over time. Be sure to compare the fees of different funds before you invest.
• Not diversifying. Target-date funds are diversified, but you may want to further diversify your portfolio by investing in other types of assets, such as real estate or commodities.

Conclusion

Investing in a target-date fund is a smart way to save for retirement. Fidelity's Target Date 2030 Fund is a good option for investors who plan to retire around 2030. The fund has a moderate risk profile and a low expense ratio. By investing in this fund, you can take the guesswork out of retirement planning and focus on what's important—enjoying your golden years.