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Poik@pawb.social ⁨3⁩ ⁨weeks⁩ ago

The close to retirement ones suffered that year. The 2030 target lost 25% in less than a year recently and hasn’t recovered. Ironically, the high risk ones have been less risky during COVID than the low risk ones.

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moseschrute@lemmy.world ⁨3⁩ ⁨weeks⁩ ago
Interesting. I’m targeting 2065 retirement, so I’ve got a long time. But I guess that fund could suffer from the same issue? Or maybe I should assume the same fate based on past events.

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- Poik@pawb.social ⁨3⁩ ⁨weeks⁩ ago
  Not sure. I’m guessing interest rate stuff will mess with anything with bond holdings, so that probably had stuff to do with it. Other than that… I don’t know if I can convey a big enough shrug in text form.
  
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