How Schwab Managed Retirement Trust Funds™ Work:
  • Choose the fund that closely matches the year you plan to retire. That fund will transition from an aggressive to conservative investment mix as your target retirement date (2010, 2020, 2030, or 2040) approaches.
  • Independent investment professionals will make the decisions about investments and asset allocation for the underlying fund.
  • Over time, the asset allocation becomes more conservative.
  • There is also an income fund designed to meet your needs in retirement.
  • After the target retirement date, the fund merges with a retirement fund, containing a mixture of cash, bonds and stocks designed for those currently in retirement.