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Funds Designed to Put Retirement on Autopilot: Determine How Long You'll Need Money, and Managers Send Monthly Checks
The Washington Post; subscription may be required Link to more items from this source
Oct. 15, 2007
Excerpt: Investors who use target-date funds to put their investments on cruise control until retirement face a common question: How will I manage my money so it holds out once I've stopped working? A new type of mutual fund could appeal to some investors asking this question. Fidelity Investments, the nation's largest fund manager, this month introduced a set of funds designed to provide enough of a return to last someone through retirement.

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