The Vanguard Target Retirement 2065 Fund offers investors a convenient, all-in-one portfolio that automatically rebalances its underlying asset allocation over time. It starts with a diverse mix of investments, progressively shifting from a heavier emphasis on stocks to a greater proportion of bonds as the target retirement year draws nearer. This gradual adjustment continues for roughly seven years past the designated retirement date, eventually aligning its asset distribution with that of the Target Retirement Income Fund.
