Saving for retirement can be intimidating. It brings up questions like, am I investing in the best way? Can I maintain the lifestyle I want in retirement? Will I outlive my savings? Most retirement investment options don’t provide clear solutions to those concerns. Target date funds are a simple, automatic investment option. They provide a hands free approach to building and growing your savings leading up to retirement.
Your funds are invested in a diversified portfolio of assets that automatically adjust over time to balance growth, opportunity, and risk. You also maintain control of your assets at all times. Traditional target date funds are a great strategy to support you leading up to retirement, but they don’t offer a way to turn your nest egg into a steady paycheck for life after you retire.
Now, innovations in the industry have led to the introduction of a fund that provides income for the rest of your life with the freedom of continued growth and control. Take the guesswork and uncertainty out of retirement planning by choosing a State Street GTC Retirement Income Builder Fund.
This investment is just like a traditional target date fund, with the added innovation of a lifetime income benefit. It’s designed to remove two of the biggest risks you face in retirement. Experiencing unrecoverable market losses as you’re nearing or starting retirement and outliving your money. Think of it as protection for your retirement, embedded directly within your portfolio.
With a State Street GTC Retirement Income Builder fund. You get a consistent paycheck in retirement for the rest of your life. Protection from market losses as you near retirement that could impact your expected retirement income and continued growth opportunity throughout retirement. And since it’s a target date fund, you don’t need any investing expertise. Your assets are managed by State Street Global Advisors, a leading asset manager. Plan for retirement with confidence with the State Street GTC Retirement Income Builder Fund. The all in one solution to support you today and throughout your retirement years.
Contact your employer today for more information.