One Choice® Target Date Portfolios
Not a Thrill Seeker? Neither Are We
Understanding Target-Date Portfolios
Target-date funds are a convenient way to invest for your retirement savings. Simply select the target date closest to when you expect to retire and get a fully diversified portfolio managed across various market conditions—both the highs and the lows.
As your target date approaches, the fund will become more conservative, right when you need it most—before retirement. Watch to learn more.
Intentionally Moderate—Because You Only Have One Chance at Retirement
With One Choice Target Date Portfolios, “intentionally moderate” means deliberately balancing risks to help manage losses. Sure, we could aim for the highest growth (like some other target dates), but that could also expose you to greater risks and higher losses.
Our goal is to manage the portfolio in a way that:
Pursues a Smoother Investor Journey
No one wants a bumpy path to retirement—or losses they don’t have time to recover from. That’s why we seek to balance multiple risks—like inflation and the chance of running out of money—to aim for a smoother journey.
Seeks Long-Term Results
We consider good, bad and just plain ugly market conditions in an effort to produce long-term results. A hard truth about math is that the more money you lose, the more gains and time you’ll need to get back to even.
Provides a Professionally Managed Portfolio
The portfolios are managed to their target dates. Our investment team aims for a certain amount of growth to help investors gain what they’ll need for retirement and enough risk to help maintain it.
Find Your Target Date
Find a One Choice Target Date Portfolio for your expected retirement date based on your birth year and a typical retirement age of 65.
Birth Year | Retirement Date at Age 65 | One Choice Target Date Portfolio |
1998 and after | 2063 and after | |
1993 - 1997 | 2058 - 2062 | |
1988 - 1992 | 2053 - 2057 | |
1983 - 1987 | 2048 - 2052 | |
1978 - 1982 | 2043 - 2047 | |
1973 - 1977 | 2038 - 2042 | |
1968 - 1972 | 2033 - 2037 | |
1963 - 1967 | 2028 - 2032 | |
1958 - 1962 | 2023 - 2027 | |
1957 or earlier | 2022 or earlier |
Ready to Invest?
You can invest in one of our asset allocation portfolios with as little as $500 with a monthly automatic investment of $100 or more.*
The risk retirees may outlive their retirement savings due to an increase life expectancy.
Inflation, sometimes referred to as headline inflation, reflects rising prices for consumer goods and services, or equivalently, a declining value of money. Core inflation excludes food and energy prices, which tend to be volatile. It is the opposite of deflation (see Deflation).
A One Choice Target Date Portfolio's target date is the approximate year when investors plan to retire or start withdrawing their money. The principal value of the investment is not guaranteed at any time, including at the target date.
Each target-date One Choice Target Date Portfolio seeks the highest total return consistent with American Century Investments' proprietary asset mix. Over time, the asset mix and weightings are adjusted to be more conservative. In general, as the target year approaches, the portfolio's allocation becomes more conservative by decreasing the allocation to stocks and increasing the allocation to bonds and cash equivalents.
By the time each fund reaches its target year, its target asset mix will become fixed and will match that of One Choice In Retirement Portfolio.
Investor Class Shares: Minimum initial investment is $1,000 for IRA and CESA accounts, and $2,500 for non-retirement accounts, but these minimums are waived with an initial investment of at least $500 per account and automatic investments of at least $100 per month. Non-Retirement Accounts: If your account balance falls below the minimum, or if you cancel your automatic monthly investment plan prior to reaching the minimum, American Century Investments may redeem the account and send the proceeds to you. Prior to doing so, we will notify you and give you 90 days to meet the minimum or reinstate your automatic monthly investment plan.
The performance of the portfolios is dependent on the performance of their underlying American Century Investments' funds and will assume the risks associated with these funds. The risks will vary according to each portfolio's asset allocation, and a fund with a later target date is expected to be more volatile than one with an earlier target date.
Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results.
Diversification does not assure a profit nor does it protect against loss of principal.
This material has been prepared for educational purposes only. It is not intended to provide, and should not be relied upon for, investment, accounting, legal or tax advice.