The Target Date Choice to Help Keep Retirement Goals on Track
Voya’s Target Retirement Funds are designed to specifically balance the evolving risk-return profiles of participants as they age to help maximize the probability of a successful retirement.
A Portfolio that Adjusts as Participants' Careers Progress
Voya Target Retirement Funds maximize asset accumulation in the early years of participants’ careers, taking aggressive equity positions. The portfolios shift emphasis to asset protection in later years, reducing risk and ultimately reaching their most conservative equity allocation of 35% at retirement to help investors hold onto what they have accumulated in a lifetime of saving.
Source: Voya Investment Management
This chart is for illustrative purposes only and may not reflect the current allocations of the Voya Target Retirement Funds.
This illustration is intended to show how the Voya Target Retirement Funds transition over time.
The Voya Difference
Voya Target Retirement Funds are designed to simplify retirement investing, with an all-in-one, fully managed portfolio that evolves with investors’ needs.
Our experienced team of over 25 investment professionals systematically adjusts the portfolios’ strategic exposures as participants move through their careers, including tactical adjustments to manage risks in changing in market conditions.
Voya chooses from among the top managers across asset classes to create diversified portfolios based on a participant’s retirement date and risk profile, utilizing both active and passive management styles.
There is no guarantee that any investment option will achieve its stated objective. Principal value fluctuates and there is no guarantee of value at any time, including the target date.
The "target date" is the approximate date when an investor plans to start withdrawing their money. When their target date is reached, they may have more or less than the original amount invested. For each target-date portfolio, until the day prior to its target date, the portfolio will seek to provide total returns consistent with an asset allocation targeted for an investor who is retiring in approximately each portfolio’s designated target year. On the target date, the portfolio will seek to provide a combination of total return and stability of principal.
Stocks are more volatile than bonds, and portfolios with a higher concentration of stocks are more likely to experience greater fluctuations in value than portfolios with a higher concentration in bonds. Foreign stocks and small- and mid-cap stocks may be more volatile than large-cap stocks. Investing in bonds also, entails credit risk and interest rate risk. Generally investors with longer timeframes can consider assuming more risk in their investment portfolio.
As with any portfolio, you could lose money on your investment in a Voya Target Retirement Fund. Although asset allocation seeks to optimize returns given various levels of risk tolerance, you still may lose money and experience volatility. Market and asset class performance and the assumptions used form the asset allocations for the Voya Target Retirement Fund. There is risk that you could achieve better returns in an underlying portfolio or other portfolios representing a single asset class than in the Voya Target Retirement Fund. Important factors to consider when planning for retirement include your expected expenses, sources of income, and available assets. Before investing in the Voya Target Retirement Fund, weigh your objectives, time horizon, and risk tolerance. The Voya Target Retirement Fund invests in many underlying portfolios which are exposed to the risks of different areas of the market. The higher a portfolio’s allocation to stocks, the greater the risk. Diversification cannot assure a profit or protect against loss in a declining market.