Vanguard Target Retirement 2045 Fund VTIVX NASDAQ

Vanguard Target Retirement 2045 Fund is a diversified, all-in-one investment fund designed for investors planning to retire between 2043 and 2047. The fund automatically adjusts its asset allocation over time, gradually reducing stock exposure and increasing bond exposure as the target retirement date approaches. This "glide path" strategy continues for approximately seven years after the target date until the fund's allocation aligns with Vanguard's Target Retirement Income Fund. The fund provides broad market diversification across stocks and bonds, making it suitable for investors who can tolerate the inherent volatility of equity and fixed-income markets.