A fuller guide to this term is on the way. In the meantime, the related terms below explain the ideas around it.
Related Brickyard terms
- Asset AllocationHow you split your money among stocks, bonds, and cash — the biggest driver of risk and growth.
- 401(k)A retirement account through your job, often with an employer match — free money for saving.
- Index FundA fund that owns a broad slice of the market at low cost — the backbone of most investing.
- Nest EggThe total pool of money and investments you build up to fund your living expenses throughout retirement.
- Defined Contribution PlanA retirement plan like a 401k where you and your employer contribute, and your payout depends on investment performance.
- Retirement IncomeThe money you live on after you stop working, drawn from savings, Social Security, pensions, and other sources.
Turn this into a brick
Knowing what Target-Date Fund means is knowledge — the first half. A brick gets placed when you act on it.
More in Retirement
Plain-English education — not personalized legal, tax, or investment advice.