Investing can be simple
Your investing style is defined by how much risk and time you want to take with investments. A preset mix of funds can do most of the work for you, or you can pick funds on your own.
How do you want to pick an investment for your IRA?
"I want a complete portfolio in a single, all-in-one fund."
Consider Vanguard Target Retirement Funds
Based on your current age or years to retirement, we'll suggest a broadly diversified Vanguard Target Retirement Fund with a professionally managed investment mix.
Once you've made your selection, the fund automatically rebalances itself and gradually reduces its stock exposure, adding more bonds to become more conservative as your retirement date approaches.
"I want some help making my decision."
Consider a fund that works for your existing portfolio
You may have an idea about which type of investment you want, but take a look at your overall retirement portfolio to make sure your new IRA investment complements your current mix of stocks, bonds, and cash. If you already invest in an employer-sponsored 401(k) plan, for example, you should think about how the fund you choose for your IRA will affect the risk level of your overall retirement portfolio.
Are you interested in assuming greater risk in hopes of getting a higher return with a stock fund, or less risk and a lower expected return with a bond fund? You may also be able to maintain your mix with a balanced fund.
"I want to see a list of funds."
Review your fund choices
If you've already made up your mind about the type of investment that will work best for your specific goals, you can use our detailed fund list to help you decide on a fund for your IRA.
A Vanguard investment professional can review your options, discuss your overall retirement portfolio, show you our tools and resources, or direct you to one of our professional advice services.
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 a Target Retirement Fund is not guaranteed at any time, including on or after the target date. Target Retirement Fund suggestions are based on an estimated retirement age of approximately 65. Should you choose to retire significantly earlier or later, you may want to consider a fund with an asset allocation more appropriate to your situation.
All investing is subject to risk, including the possible loss of the money you invest. Be aware that fluctuations in the financial markets and other factors may cause declines in the value of your account. There is no guarantee that any particular asset allocation or mix of funds will meet your investment objectives or provide you with a given level of income. Diversification does not ensure a profit or protect against a loss in a declining market. Bond funds are subject to the risk that an issuer will fail to make payments on time and that bond prices will decline because of rising interest rates or negative perceptions of an issuer's ability to make payments.
Vanguard Brokerage Services is a division of Vanguard Marketing Corporation, member FINRA.