Your participants deserve the best target-date fund

Find the right TDF 

A decision that impacts a lifetime

Vanguard Target Retirement Funds are built for the long term—and provide participants with the comfort of knowing that the interests of Vanguard are aligned with theirs.

A year to remember in TDFs

With yields at historic lows, is it time to rethink the role of bonds in TDFs? What's the latest thinking on TDF glide paths? We answer those questions, and more, in our latest quarterly review.

Access the review 

2015

69%
of participants are using TDFs
42%
of participants have their entire account invested in a single TDF

2020

78%
of participants are using TDFs
54%
of participants have their entire account invested in a single TDF
 

Source: Vanguard How America Saves data.

Improving outcomes through sophisticated design

Liquid global market coverage:

Vanguard=89% BlackRock=66% Fidelity=65%

Source: Bloomberg, December 31, 2019.
* Broadest global diversification is determined by comparing the global liquid market coverage across target-date fund providers. All providers were compared, including those listed above.

Vanguard Target Retirement Funds are constructed using fundamental investment principles and portfolio construction best practices that balance market, inflation, and longevity risks in an efficient and transparent manner over a participant's life cycle. And through our straightforward, transparent design, we provide the industry's broadest global diversification.*

Vanguard TDFs vs. active strategies  Other index-based strategies 

Built to endure

Our funds are built to endure, even in the face of economic downturn and volatility, giving you more peace of mind that we're here for your participants.

How do you evaluate your TDF?

There is no one metric that can tell you if a TDF is performing as expected. To get the full story, plan sponsors should weigh a number of metrics, including risk-adjusted returns and retirement readiness outcomes.

Explore the TDF performance mosaic ›

This chart is for illustrative purposes only and is not indicative of any specific investment.

Source: FactSet. Stocks are represented by the S&P 500 Index, and bonds are represented by Bloomberg Barclays Global Aggregate Index. Data assume reinvestment of income and do not reflect taxes or transaction costs.
Past performance is no guarantee of future returns. The performance of an index is not an exact representation of any particular investment, as you cannot invest directly in an index.

Unique solutions for every participant

Every retiree’s path to meet their goals, including prioritization, risk tolerance, and available resources is different. That’s why we align products and services to participants’ goals. And, our research shows it could help partcipants from all walks of life meet their desired retirement goal.

“There is no one-size-fits-all retirement income solution.”

Profile picture of Colleen Jaconetti

– Colleen Jaconetti

Read the blog 

We’re here to help you

Contact your Vanguard representative today and discover, like so many others have, how a Vanguard Target Retirement Fund can help you set your plan and your participants up for success. If you do not yet have a relationship with Vanguard, request information below.

Call us at 800-523-1036 to talk to one of our experts today.

Explore our resources

to learn more about the importance and impact target-date funds can have on successful retirement.

For more information about any fund, visit institutional.vanguard.com or call 866-499-8473 to obtain a prospectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and other important information are contained in the prospectus; read and consider it carefully before investing.

All investing is subject to risk, including the possible loss of the money you invest.

Investments in Target Retirement Funds are subject to the risks of their underlying funds. The year in the fund name refers to the approximate year (the target date) when an investor in the fund would retire and leave the workforce. The fund will gradually shift its emphasis from more aggressive investments to more conservative ones based on its target date. An investment in the Target Retirement Fund is not guaranteed at any time, including on or after the target date.