Home » Dictionary » lifecycle fund

lifecycle fund

lifecycle fund
 n.Gloss: An investment arrangement in which money is invested in safer securities and investments as a person grows older. «The funds, also known as lifecycle funds, are designed to minimize risk by shifting the funds’ assets from equities to bonds as investors grow older.» —“Senate Weighing New Rules for Retirement Funds” by Ylan Q. Mui Washington Post Feb. 21, 2009. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

Why Money is Sometimes “Cool”

While reading Great Expectations (Bookshop|Amazon) by Charles Dickens, a listener in Arlington, Texas, is surprised when one of the characters inherits some money, which Dickens describes as a cool four thousand. Were they really using cool that way...

Kiss the Cow (episode #1567)

An anadrome is a word that forms a whole new word when you spell it backwards. For example, the word “stressed” spelled backwards is “desserts.” Some people’s first names are anadromes. There’s the girl named Noel...