Fund info

Vanguard Target Retirement 2065 Fund is a target-date mutual fund specifically designed to help investors save for retirement, with a focus on those aiming to retire around the year 2065. The fund follows a diversified, all-in-one strategy by allocating assets across a mix of Vanguard’s low-cost index funds, providing broad exposure to both U.S. and international stocks and bonds. Early in its lifecycle, the fund maintains a high allocation to equities—about 90% stocks and 10% bonds—to seek capital appreciation during the accumulation phase. As the target retirement date approaches, its asset allocation shifts gradually to become more conservative, reducing equity exposure and increasing fixed income holdings to help manage risk in the years leading up to and after retirement. Notably, the fund operates with a low expense ratio, reflecting Vanguard’s emphasis on cost efficiency. Its glide path and underlying allocations are managed by a committee of senior investment professionals who periodically review the strategy to ensure long-term viability. Vanguard Target Retirement 2065 Fund is recognized for its simplicity, broad diversification, and suitability for investors seeking a hands-off approach to retirement planning, allowing them to maintain a disciplined investment strategy over multiple decades.