The L-Fund – Lifecycle Fund
This fund is subdivided and tends to have the most confusion and most questions. It’s a mix of the other funds within the plan and it is rebalanced to a specific target on a daily basis, based on lowering risk as you near retirement. Daily rebalancing could be good or bad. Sometimes rebalancing can keep you from having gains. If you’re getting close to retirement, you should likely pursue options to see if you are able to roll money out into your own Qualified Retirement Account.
About Coach Pete D’Arruda:
A Registered Financial Consultant (RFC) and Investment Advisor Representative (IAR), Pete D’Arruda is one of only three Certified Tax Coaches in the state of North Carolina. His approach to safe and secure lifetime income planning leads his clients to a worry-free retirement. Also known as “Coach Pete” to his financial clients and listeners of his popular financial radio show Financial Safari, Pete can be heard weekly giving financial advice on more than 100 stations nationwide.
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