Interesting target retirement holdings...

[cute fuzzy bunny]

I sort of figured that the 'target retirement' series' holdings would degenerate to 'target retirement income' equivalents by the time they hit their target date, but it appears that target retirement 2005, now a year past its 'due date', still holds more total stock market and less inflation protected securities than the income fund does.

Wonder if this is a transitional thing as vanguard changes its target series to hold "more stocks" and "more foreign" now that we're at a market peak and "its what everyone wants". This from the company that often advises to "stand there and do nothing"...

 

[Nords]

This from the company that often advises to "stand there and do nothing"...

I thought that was Bogle, not Brennan. My impression of Brennan is that he's a total customer slut.

 

[d]

"Within five years after 2005, the fund’s asset allocation should be similar to that of the Target Retirement® Income Fund"