Not yet registered? Create a OverBlog!

Create my blog

T. Rowe Price Retirement 2010 Fund: The facts

When investing for retirement, there are a number of different considerations take when you are deciding where to allocate your funds. One important consideration is how much risk you are willing to take on with those funds. There is generally an accepted idea that stocks are riskier investments than bonds or mutual funds, but there is more potential for gain in stocks than in other types of investments. As such, most experts advise that you put your money into a set amount of stocks versus bonds based on you age. This article provides you with an overview of T. Rowe Price Retirement 2010 Fund.

T. Rowe Price Retirement Fund

Asset allocation is the process of actually deciding what portion of your investment portfolio should be in bonds and what portion should be in stock or other investments. If you work with the idea that you need to adjust this based on your age, you would need to reassess this decision and make adjustments each year as to how much of your money was in stocks and how much was in other things. For most people, this is too big of a hassle and too much of a challenge, and not something that they understand well enough to do. As such, companies like T. Rowe Price help people to manage their assets and funds.

What is T. Rowe Price

T. Rowe price is a company where investment professionals and investment managers guide investors into how to manage their assets. Trowe Price funds allow investors to put their money into a pull with a large variety of other different investors. Those who have T. Rowe Price careers will then invest the grouped money together into different kinds of investments, depending on what type of fund they are managing.

The 2010 Retirement Fund

One type of fund that people who invest with Trowe Price consider is the Target-Date Retirement Funds. These funds, like a 2010 retirement fund, would be set up for people who want to retire at a certain date in time. The asset allocation of the money put into those funds, and the types of investments that are made by the fund manager, are then appropriate for the risk level that the investor should be taking, given how many years he has left before retirement.

Same category articles Insurance

How does life insurance work?

How does life insurance work?

Life insurance is a long-term insurance cover where the insurance company promises to pay the insured’s policy beneficiaries a lump-sum of money after his death. The insured pays premiums for his dependencies so that the latter benefit from the policy after his death. Life insurance is categorised into term-life and permanent-life policies and this article explains how does life insurance work.
All about Provident Insurance in the U.K.

All about Provident Insurance in the U.K.

Founded in 1946, Provident insurance is a U.K.-based insurance company which specialises in motor insurance. Providing a wide range of insurance products to cover the needs of many different types of motorist, Provident is certainly worth considering as an insurer. To learn more about Provident insurance, read this article.
A guide to home insurance in the UK

A guide to home insurance in the UK

This article will highlight the importance of having home insurance in the UK, what to consider when looking for an insurance service provider and the different factors affecting home insurance rates. This is going to help consumers make an informed decision when it comes to the protection of their homes.
A guide to health insurance for low income families

A guide to health insurance for low income families

Getting health insurance coverage can be a challenge for low income families. The reality is that many people in a low income household do not have jobs which offer benefits like employer sponsored insurance and paying for insurance themselves can be a financial hardship. Luckily, there are a few acceptable and affordable options for families who find themselves in this situation.