Is a Retirement Income Fund Right for You?

A closer look at this sibling of target-date funds.


Firms such as MFS, Fidelity, and T. Rowe Price have stepped up their efforts to aid the ballooning baby boomer population in recent years, but their experiment is still fairly young. No one really knows what the "right" bond and stock weightings for a retirement income fund are or even what the "correct" mix of underlying funds should be. Only time will tell whether fund managers can balance the often opposing goals of generating income and mitigating risk for investors.