How To Choose A Lifecycle Fund That Matches Your Goal

How do I choose a lifecycle fund that matches my goals?

Different mutual fund companies have different time frames. Typically, the difference is about five years. You might have a 2015 fund, and a 2020 fund, and a 2025 and a 2030. And then, basically what you would do is figure out what goal it is that you are saving for. Figure out when it is that you want to achieve that goal, and then find the lifecycle fund with the target date that closely matches that goal date that you set for yourself.