Definition
Life-cycle funds are asset-allocation funds in which the share of each asset class is automatically adjusted to lower risk as the desired retirement date approaches. As a practical matter, this usually means that the percentage of bonds and other fixed-income investments increases. Life-cycle funds are also known as "age-based funds" or "target-date retirement funds." A young investor saving for r
In Panel Profits
In the Panel Profits market platform, Life-Cycle Fund: How They Work, Examples applies standard financial concepts principles to comic assets and physical collections.
Common mistakes
Do not infer unobserved prices.