Top Retirement Funds to Grow Your Savings

Discover top retirement investment funds to strengthen your savings. From target-date funds and global ETFs to bond and money market options, these selections offer diversification and income potential. Consult a financial advisor for personalized advice to ensure a secure retirement plan.

Top Retirement Funds to Grow Your Savings

Securing a comfortable retirement requires decades of disciplined investing. Choosing the right retirement funds can be challenging amid market fluctuations. Here are some top options to consider for building a strong retirement portfolio:

Vanguard Target Retirement 2035 Fund
Designed for those planning to retire around 2035, this fund offers growth potential within approximately 15 years. Even if early retirement isn't your goal, its diversified holdings and reliable performance make it a popular choice. Currently yielding over 2%, with a modest expense ratio of 0.14%, Vanguard’s reputation ensures your investments are secure.

Another excellent option is the Northern Global Tactical Asset Allocation Fund, which emphasizes diversification by investing in mutual funds and ETFs, aiming for long-term capital growth with a 0.58% expense ratio. It's suitable for investors seeking broad exposure across stocks, commodities, and bonds worldwide.

For those focusing on income and stability, the Baird Aggregate Bond Fund invests primarily in government and public sector securities, offering flexibility during volatile markets. It yields around 2.90% over three months, with a 0.30% expense ratio, ideal for risk-averse investors wanting reliable income.

The PIMCO Income Fund seeks maximum current income by investing in global fixed income securities. Its distribution yield was 5.87% as of June 2020, with an expense ratio of 0.50%, making it a strong choice for income-focused retirement planning.

The Vanguard Prime Money Market Fund maintains liquidity by investing in high-quality short-term securities, offering steady income and a low expense ratio of 0.16%. It typically provides annual returns around 1.52%, suitable for conserving capital while earning modest interest.

These funds represent some of the best options for retirement savings. Consult with a financial expert to tailor your investment strategy appropriately.