October 21, 2020

Healthy Boiler workshop to focus on retirement plan target-date investments

On Nov. 4, a Vanguard presenter will offer a 30-minute, virtual Healthy Boiler workshop focused on target-date investments. Vanguard target-date funds are part of the University’s investment lineup for retirement plans whose records are kept by Fidelity Investments. Offered at a variety of times, and supporting the financial wellness pillar of the Healthy Boiler Program, the workshop topics will include:

  • What is a target-date investment?
  • Why might someone want to consider a target-date investment? 
  • How does someone choose a target-date investment that’s right for them?

Those who are currently participating in, or are considering a target-date investment, and would like to learn more should attend one of the live virtual workshop offerings available at 10 a.m., noon or 6 p.m. ET. Participants will be able to ask questions and have them answered -- in real time -- by a Vanguard presenter.

Interested individuals can register now. 

Questions

Anyone with questions about Purdue’s retirement program should call Fidelity at 800-544-6868. Additionally, Fidelity planners continue to be available to meet via phone and Zoom. To make an appointment, call 800-642-7131 or schedule online. Regional employees can also schedule to meet with a Fidelity representative via the contact information above.

A note from Fidelity Investments about risk

All investing is subject to risk, including the possible loss of the money invested. Target-date investments are subject to the risks of their underlying funds. The year in the investment name refers to the approximate year (the target date) when an investor would retire and leave the workforce. The investment will gradually shift its emphasis from more aggressive investments to more conservative ones based on its target date. A target-date investment is not guaranteed at any time, including on or after the target date.


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