will you be ready for retirement? - american century … · 2020. 8. 12. · retirement stick with...

Will You Be Ready for Retirement?Prepare With Your Employer’s Retirement Plan

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AM ERI CAN CENTU RY.CO M / WO RKPLACE

Call 800-345-3533 or visit americancentury.com/workplace

“I’ll start in a couple of years. I have plenty of time.”

“I don’t need to worry about inflation.”

“I already invest in my pension/state plan.”

“I can live on Social Security.”

Your employer’s retirement plan can help you take the right step down the path toward retirement, whether that’s next year or in 40 years.

Achieving the retirement of your dreams may be possible with a solid plan and a commitment to invest for the long term. Fortunately, your employer gives you access to one of the best tools around—a workplace retirement plan.

If you’re just starting out, already building toward a nest egg or approaching your retirement years, this booklet can show you how to take advantage of your retirement plan—no matter what stage you’re in.

Will You Be Ready for Retirement?

| Call 800-345-3533

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Contents

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Starting Out

Make a Choice for Your Future Planning for your retirement has to start somewhere. We can help you determine which kinds of investments are right for your situation and put you on the right path toward retirement.

Building Toward Retirement

Stick With a Strategy You’ve been investing for a while. Use our investment strategies and tools, and the expertise of our Business Retirement Specialists to keep your retirement plan on track.

Approaching Retirement

Keep Investing in Retirement You’ve almost reached retirement, but you don’t have to spend your money all at once or stop investing. We’ll help you develop a plan designed to keep your money working for you, throughout retirement.

Retirement Solutions

One Choice Portfolios® from American Century Investments® One Choice Portfolios provide a broadly diversified portfolio in a single investment made up of American Century Investments funds.

Getting StartedWe’re Here to Help Take advantage of our investment guidance services plus online account management tools, all at no additional cost.

Did You Know?

71% of Americans say they are not saving enough for retirement.

Source: Experian, 2016.

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“I’ll start in a couple of years. I have plenty of time.”

“I’m short on cash right now.”

I just got hired. Why should I start investing right away?

This is actually the best time to think about your retirement. Your employer’s retirement plan is one of the best places for you to set aside money for your future. With every paycheck, you can invest money in an account designed exclusively for retirement. Plus, participation in the plan may lower your current income taxes.

You probably have a lot of plans for your paycheck: bills, leisure and giving to others, so it may seem practical to choose today’s financial obligations over tomorrow’s retirement plan. But rather than put off planning for tomorrow, make investing in your retirement the priority for today. Don’t worry if you’re not sure how to get started. Business Retirement Specialists at American Century Investments are here to help you choose the right funds, help you create and manage your retirement plan and guide you every step of the way.

I can only invest a small amount. Is that enough?

Our mutual funds are designed to help you save on any budget. Small amounts can add up and you may be able to find ways to free up money to save. For example, you may spend $4 or $5 a day for a morning latté. Choose to home brew your coffee and you could save $20 to $25 a week. Plus, it’s easy to save when you sign up for automatic payroll deductions. Your employer will send your contributions to us, and we’ll invest the money the way you decide. As an added bonus, your employer may match all or part of your contribution up to a certain level. You can easily change your contributions anytime.

How do I choose investments, especially when markets go up and down?

Investing in a variety of funds—including stock, bond and cash investments—is known as diversification, a practice designed to help you balance risk and reward. We can help you build a portfolio from more than 80 no-load American Century Investments mutual funds with the risk and return potential to help meet your goals. You can also choose an already diversified option, where you select a professionally managed, ready made portfolio that aligns with when you’ll need the money or your comfort level with risk.

Diversification does not assure a profit nor does it protect against loss of principal.

> See p. 16-17 for more information about our One Choice Portfolios®.

Make a Choice for Your Future

STARTI N G O UT

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Try it Yourself

Use the Time Value Calculator at americancentury.com/workplace to see how different contribution amounts can grow over time.

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21 Define your

goal(s)

Name it. Know what you’re investing for.

Date it. Determine when you’ll use your investment.

Estimate the amount. Add up how much you may need for each goal.

Design a strategy

Evaluate your risk tolerance. Decide how much of the market’s ups and downs you’re comfortable with.

Diversify. Spreading your investments across different types of assets may help lower your overall risk.

Run the numbers. Calculate how much you’ll need to invest to meet your goals or how much income you’ll need in retirement.

Know your decision-making style. Do the research yourself, or talk to a Business Retirement Specialist for free investment guidance.

Execute your plan

Take action. Set up accounts with investments that align with both your risk tolerance and goals.

Make it automatic. Set up periodic automatic investments so you are consistently building on your investment.

Three Steps to Create Your Retirement Plan

This is a hypothetical example to show the benefits of making monthly investments over time. It assumes an initial investment of $2,500 and an average annual return of 7%. This chart does not represent any actual investment, and the projections are before taxes. The value and return may vary, and different investments may perform better or worse than this example.

Monthly Investments Can Add Up

$120,000

$100,000

$80,000

$60,000

$40,000

$20,000

$00 2 4 6 8 10 12 14 16 18 20

Years of Investing

Hyp

othe

tical

Fut

ure

Valu

e o

f Inv

estm

ent


$200 per month

$150 per month

$100 per month

Did You Know?

Inflation has averaged about 3% annually over the past 25 years. If that continues, 25 years from now it will take $209 to buy what $100 buys today.

Source: InflationData.com, January 2017

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How do I determine my risk tolerance?

The balance of risk versus return is a key consideration when you choose investments. Some types of investments have a higher growth potential over time—as well as a higher risk that you may lose money. On the other hand, some investments aren’t as likely to lose money, but they may present a different problem: inflation risk. Inflation has averaged about 3% a year over the last 25 years, and if your money can’t keep up, it will lose its purchasing power by the time you retire.

If you’re not sure how much risk you can handle, call a Business Retirement Specialist at 800-345-3533. They can help you determine your risk tolerance.

How often should I review my investments?

If you have created an investment strategy with a long-term goal in mind, we recommend that you review your investments at least annually, either on your own or with a Business Retirement Specialist. Over the course of the year, the value of your investments may have changed due to market conditions. You may need to rebalance or buy and sell investments to bring the asset mix in your portfolio back in line with your original asset allocation plan.

> See asset allocation and rebalancing in action on the following page.

It’s also a good idea to reevaluate your investment plan every time your life situation changes—retirement, changing jobs, a home purchase, marriage, birth of a child, etc.

Remember to maintain a long-term view and avoid making decisions based on short-term market conditions. Buying stocks or funds based on their recent performance or selling them as soon as they begin to decline is a recipe for buying high and selling low—the exact opposite of successful investing. The more time you have for your investments to grow and compound, the more likely you are to reach your goals.

STARTI N G O UT

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80%Stocks

15%Bonds

5%Cash

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Next Steps

Don’t want to worry about rebalancing your portfolio on your own? Let us do it for you with our professionally and actively managed asset allocation portfolios. Visit americancentury.com/workplace to learn more.


Asset Allocation and Rebalancing in Action

60%Stocks

30%Bonds

10%Cash

60%Stocks

30%Bonds

10%Cash

Original Allocation Out of Balance Rebalanced

You may have decided to allocate 60% of your portfolio to stocks, 30% to bonds and 10% to cash investments.

If market activity causes the value of the stock portion of your portfolio to increase significantly, you’ll have a greater percentage invested in stocks, leaving you exposed to more risk than you intended.

Rebalancing—buying more bonds and cash investments and selling stocks—gets your portfolio back to your desired 60/30/10 percentage mix.

Rebalancing can keep your portfolio aligned with your goal.

During the course of a year market activity can cause your portfolio percentages to no longer match your original plan. For example, if stocks run a good course, the stock portion of your portfolio may increase and give you more stock exposure and potentially more risk. Rebalancing is where you buy and sell investments to bring the percentages back in line with your time frame and how you feel about risk.

> See p. 16-17 for more information on our One Choice Portfolios®.

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“I already invest in my pension/state plan.”

“I’ll get Social Security benefits.”

I’m already investing. What’s next for me?

Investing in your workplace retirement plan puts you in control of how much you’ll have when you retire, so you don’t have to rely entirely on Social Security or a pension. If you’re already investing for retirement, you understand the potential benefits of saving now and getting a solid start on your goals.

Since you started investing, you may have experienced other changes—financially, within your family or at your job—which could result in new investment goals. When life changes, investment objectives should change, too. We can help you stay on track and make adjustments to your existing investment strategy.

I want to be comfortable in my retirement. How much will I need?

As a rule of thumb, you will need 70% to 80% of your current income to maintain a similar way of life after you retire. For example, if your annual salary is $50,000, you may need $35,000 to $40,000 a year in retirement to continue your existing lifestyle.

The amount you’ll need also depends on your living expenses and how you’ll spend your time. Ask yourself these questions to plan how much you may need:

1. How many years do I have until I want to retire?

2. What do I want to do in retirement?

3. When will I receive Social Security benefits and how much will I get?

4. Will I have other income (e.g., a pension plan, a part-time job, inheritance or the sale of my house)?

Our Planning for Your Retirement tool at americancentury.com/workplace can help you translate that information into dollars and cents. Simply answer a few questions and find out how much money you could have, how long it could last and how much you may be able to withdraw from your savings for retirement living expenses. We provide straightforward, easy-to-understand results; and we’ll recommend an action plan and next steps to move your plan forward.

As you put together your retirement plan and identify potential sources of income, remember that Social Security was never designed to be more than a supplement. In fact, it currently accounts for just over a third of a retiree’s income. That percentage is decreasing as baby boomers near retirement, so it’s up to you to make up the difference.

Stick With a Strategy

BU I LD I N G TOWARD RETI REM ENT

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Source: Income of the Aged Chartbook 2014. Note: Totals do not necessarily equal the sum of the rounded components.

Social Security33.2%

32.2%

20.9%

9.7%

Retirement Income Sources(Age 65 and Older)

Pensions

Earnings

Asset Income

Other (including public assistance)4.0%

$160,000

$140,000

$120,000

$100,000

$80,000

$60,000

$40,000

$20,000

$0Years

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Contribute as Much as Possible

The more you can save, the better your chances of retiring comfortably. If you can, max out your contribution up to the IRS annual limit. Not only does your pre-tax contribution lower your current taxable income, but your earnings grow tax deferred until you withdraw the money.

Whatever you’re contributing now, even a small increase can make a big difference, especially when you’re investing regularly over a long period. With a modest return, it’s possible to build a significant amount by the time you need it. Contact your payroll office to increase your contribution amount.

Try it Yourself

Use the Contribution Calculator at americancentury.com/contribute to see how different contribution percentages can grow over time.


Valu

e of

Hyp

othe

tical

Inve

stm

ent

This is a hypothetical example to show the benefits of making monthly contributions for different periods of time with different contribution amounts. It assumes an annual salary of $35,000 and an average annual return of 7%. This chart does not represent any actual investment, and the projections are before taxes. The value and return may vary, and different investments may perform better or worse than this example. This strategy does not ensure a profit and does not protect against loss in a declining market.

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Increasing Your Contributions Can Pay Off

4% 6% 8% 10%

15

20

10

Rethink Your Spending Habits

Finding money to save for retirement can be tough. Cutting down on dining out can help. Think of the possibilities if you saved the money in your employer’s retirement plan.

BU I LD I N G TOWARD RETI REM ENT

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$6 $2.60

$42

$18

$168

$72

One Meal Weekly Monthly

Feast on Your Future Over Fast Food*Frequent Fast-Food Stops Can Be Costly

Rev Up For Retirement Instead

Source: USDA, Food Business News, GetUp.org, 2013

Fast food Home cooking

VS.

Did You Know?

A majority of participants—some 80 percent irrespective of age— admit they could have started saving earlier than they did.

Source: Keys to the Kingdom, 4th Annual National Survey of Plan Participants, 2016.

3500

1 in 4 Americans eats some type of

fast food every day...

...and spends 10% of their disposable

income on fast food every year.

That’s $3,500 a year if your take home pay is $35,000!

+ =

The Bottom Line You can save money by eating meals at home. Need to be convinced? Track how much you’re actually spending at the drive-thru. Then you can begin to make changes that could potentially impact your future.

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1 Focus on your goal

• Determine how much money you’ll need to retire comfortably.

• Create a plan using our online Planning for Your Retirement tool or talk with a Business Retirement Specialist.

• Maximize your contributions to help you meet your goal.

Invest appropriately

• Periodically use our Investment Planner tool to determine your current comfort with risk.

• Receive fund suggestions that best meet your risk comfort level.

Save more with IRAs or a Roth 401(k)/403(b)

• Open a Roth or Traditional IRA. An IRA can give you additional tax benefits and potential earnings. Contact us to find out which IRA is right for you.

• Transfer any existing IRAs to American Century Investments. We’ll help you with the paperwork and provide expert guidance.

• Roll over your former employer’s retirement plan to American Century Investments. We’ll help you keep control of your retirement money and possibly avoid paying taxes until you withdraw it.

• Consider a Roth 401(k) or 403(b). These accounts offer higher contribution limits, tax-free withdrawals and no income restrictions. Check with your administrator to determine if your plan offers this option.

Keep Your Investment Plan on Track

IRA investment earnings are not taxed. Depending on the type of IRA and certain other factors, these earnings, as well as the original contributions, may be taxed at your ordinary income tax rate upon withdrawal. A 10% penalty may be imposed for early withdrawal before age 59½.

This information is for educational purposes only and is not intended as tax advice. Please consult your tax advisor for more detailed information or for advice regarding your individual situation.

IRS Circular 230 Disclosure: American Century Companies, Inc. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with American Century Companies, Inc. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties.

Please consult your tax advisor for more detailed information regarding the Roth IRA or for advice regarding your individual situation.

Taxes are deferred until withdrawal if the requirements are met. A 10% penalty may be imposed for withdrawal prior to reaching age 59 ½.

Try it Yourself

Take advantage of our complimentary investment guidance tools and services to prepare for the retirement lifestyle you imagine. Call a Business Retirement Specialist at 800-345-3533 for more information.


Did You Know?

A 65-year-old American, on average, can expect to spend approximately 20 years in retirement. And since Social Security only accounts for approximately one third of your total income, it may not be enough to cover you in retirement.

Source: Fast Facts & Figures About Social Security, 2016, Social Security Administration

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“I don’t need to worry about inflation.”

“I can live on Social Security.”

“I really don’t know how much I need, but I’ll probably be fine.”

I’ve worked hard for my retirement. Will I be ready?

Retirement may mean you’re finished working, but your money shouldn’t be. Now it’s time to put your investments to work for you through a personal retirement strategy. You’ll need to determine how you want to invest your money, how much you can withdraw and other goals you may have. We have the tools to help you put a plan together, and we’ll work with you throughout your retirement years to help you reach your goals.

How can I preserve my assets and make my money last?

You can time your withdrawals to get the most of your retirement income—no matter what the initial value. Ideally, your withdrawal rate should provide a steady source of income for 20 to 30 years—more if you’re retiring early.

How will taxes affect my withdrawals?

It’s best to withdraw from your accounts in a way that gives you the greatest tax advantage. In general, you’ll want to withdraw from taxable accounts first so your IRAs and employer-sponsored retirement plan(s) continue to grow tax deferred. When you reach age 70½, you’ll have to take required minimum distributions (RMDs) from your employer’s retirement plan and your IRAs (except Roth IRAs). But if you work past age 70½, certain employer plans allow you to delay RMDs.

Keep Investing in Retirement

APPROACH I N G RETI REM ENT

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Try it Yourself

Our Planning for Your Retirement tool at americancentury.com/workplace can help you choose your withdrawal rate. Take a few minutes to experiment with varying rates and periods.

13Visit americancentury.com/workplace |

There are a number of risks that cause uncertainties for retirees.

Withdrawals Retirees must manage RMDs and determine a sustainable withdrawal rate to avoid depleting their accounts too soon.

Longevity Long retirement horizon: A couple aged 65 has a 25% chance of a survivor living to age 96.

Solvency Retirees must factor in the uncertainty of Social Security and Medicare payments, and pension plans.

Savings Many Americans have an enormous savings gap and under-funded defined contribution accounts.

Market Volatility Market returns—and when those returns occur—can greatly impact account balances and potential income.

Inflation Inflation erodes the value of savings and reduces returns, and inflation of health-care costs also chips away at savings.

Retiree SpendingTo avoid running out of money for your basic needs in retirement, it’s important to budget for essential expenses (e.g., medical bills) versus lifestyle spending.

Calculating an appropriate withdrawal rate

Your withdrawal rate needs to take into account many factors, including (but not limited to) your asset allocation, projected inflation rate, expected rate of return, annual income targets, investment horizon and comfort with uncertainty. The higher your withdrawal rate, the more you’ll have to consider whether it is sustainable over the long term.

Call a Business Retirement Specialist at 800-345-3533 to create a withdrawal strategy to meet your needs, or complement that strategy with your other goals.

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APPROACH I N G RETI REM ENT

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When you are nearing retirement, switching all your assets to conservative cash investments may seem like the safest option, but some risk may be necessary. After all, you could be spending 20 to 30 years in retirement. For that, you need continued growth to outpace inflation, but worrying about dramatic swings from volatile investments is not an ideal scenario, either.

For example, our most conservative asset allocation portfolios allocate in the range of 25-45% to stock funds, 45-52% to bond funds and 10-23% to money market funds (cash alternatives). Keep in mind that these allocations may or may not be appropriate for your needs, and the overall risk for a portfolio also depends on which underlying investments you choose. A Business Retirement Specialist can help you weigh your options.

> See p. 16-17 for more information on our One Choice Portfolios®.

Know How Much Risk to Take

Next Steps

A Business Retirement Specialist will help you evaluate your current portfolio and determine if your goals are more suited to moderate or more aggressive investments.

Examples of Conservative Asset Allocation

45%Stocks

45%Bonds

10%Cash 25%

Stocks23%Cash

52%Bonds

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What if I have other goals?

You may also need to keep investing for other goals, such as a child or grandchild’s education, another house, a new hobby or activities you may not have factored into your initial plan. You may also be concerned about making up for previous investment losses. For each goal, you’ll need to determine your tolerance to balance the risk-reward equation.

How can I simplify my investment plan when I retire?

Consolidating your investments can help you reduce paperwork and simplify your financial and tax recordkeeping. And if you move your investments to one company, you only have one place to go when you have questions or concerns about your accounts.

By consolidating to fewer accounts and/or financial companies, you can:

• Track statements and tax documents more efficiently.

• Calculate and withdraw your required minimum distributions more easily.

• Make it less complicated for your heirs to settle your estate.

You can also roll over money from your employer’s plan to an IRA to further consolidate your retirement assets. Call a Business Retirement Specialist at 800-345-3533 to discuss rollovers and other ways to consolidate.

Did You Know?

We offer dedicated resources to help you with college savings, rollovers and estate transfers. Call 800-345-3533 for more information.


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RETI REM ENT SO LUTI O NS

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American Century® One Choice Portfolios are single-fund, pre-diversified asset allocation solutions designed to help you reach your long-term financial goals. You choose a target-date or target-risk portfolio and our investment teams do the rest:

• Professional portfolio management • Broad diversification • Risk management

Target date

With One Choice® Target Date Portfolios, you choose the target date—the approximate year when you plan to retire or start withdrawing your money. The principal value of the investment is not guaranteed at any time, including at the target date.

Each portfolio seeks the highest total return consistent with its 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 money market instruments. By the time each fund reaches its target year, its asset mix will become fixed and will match that of One Choice In Retirement Portfolio.

One Choice Portfolios®

Making a Difference

One Choice Target Date Portfolios invest in tobacco-free underlying funds, one of the many ways American Century Investments supports the fight against cancer.

Birth Year The Portfolio Closest to Your Retirement Year

1993 or later One Choice® 2060 Portfolio

1988 - 1992 One Choice® 2055 Portfolio








Before 1953 One Choice® In Retirement Portfolio

One Choice® In Retirement Portfolio is available for investors born before 1953, planning to retire within the next few years or for investors preferring a more conservative investment mix than what One Choice® 2020 Portfolio offers.

Select the Portfolio That’s Right for You

17Visit americancentury.com/workplace |

Target risk

With One Choice® Target Risk Portfolios, you choose a portfolio based on your comfort level for risk. Our investment managers select the mix of stock, bond and money market investments and rebalance the portfolio when necessary to keep the investment mix consistent with the targeted risk level you chose. Each portfolio is a fund of funds, and its performance and risk characteristics are dependent on the underlying funds. A portfolio’s risk designation—ranging from very conservative to very aggressive— is intended to reflect its relative short-term price volatility compared to the other target risk portfolios.

When you invest in One Choice Portfolios, you’re putting your money in the hands of veteran investment professionals who have managed asset allocation funds since 1988. They oversee asset allocation strategies that investors use to prepare for retirement, save for college and pursue other major financial goals. The managers of your investment also benefit from the resources of a company with a track record that spans more than 50 years.

Neutral Mix

% Stocks % Bonds% Cash

Alternatives

One Choice Portfolios®: Very Conservative 25 69 6

One Choice Portfolios®: Conservative 45 49 6

One Choice Portfolios®: Moderate 64 32 4

One Choice Portfolios®: Aggressive 79 20 1

One Choice Portfolios®: Very Aggressive 100 — —

The underlying funds do not invest in securities issued by companies assigned the Global Industry Classification Standard (GICS) for the tobacco industry. 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.

What’s Best for Me?

Our online Investment Planner tool can help you determine your risk tolerance and an investing profile for your goal. Visit americancentury.com/workplace and simply answer a few questions.

18 | Call 800-345-3533

G ETTI N G STARTED

American Century Investments is a leading asset manager focused on delivering investment results and building long-term client relationships while supporting research that can improve human health and save lives. It’s how we and our clients together Prosper With Purpose.™

Every day people are increasingly focused on investing to make the world a better place for themselves, their families, their organizations and the world at large. It is possible to live a more meaningful and impactful life and give back something that’s more valuable than money.

When you invest with us, you can also invest in the future of others and have the potential to impact the lives of millions. That’s possible because of the distinct relationship with the Stowers Institute for Medical Research, which owns more than 40% of American Century. Our dividend payments provide ongoing financial support for the Institute’s work of uncovering the causes, treatments and prevention of life-threatening diseases, like cancer. Together we can become a powerful force for good.

It’s like nothing you’ve ever seen from a money management firm.™

Stowers Institute for Medical Research

Managing Money, Making an Impact

Our Business Retirement Specialists are focused on helping people like you achieve their financial goals. After all, we’re investors, too, and we understand that investing is not just about money—it’s also about your hopes for the future.

When you invest in your retirement at American Century Investments, you can take advantage of our guidance services plus account management tools, all at no additional cost.

Expert AssistanceOur Business Retirement Specialists are here to help with your retirement plan—from helping you with account management to helping you make changes to your portfolio.

Personalized Portfolio ConsultationsWe’ll help you create an investment plan for your future. Learn how to manage your retirement money while you’re making contributions and when you’re ready to begin withdrawals. Business Retirement Specialists will work with you to find retirement investments that fit your comfort with risk.

Tools for InvestingChoose from a variety of online educational articles and calculators to help you make informed investment decisions. Simply visit americancentury.com /workplace and you’ll find everything you need.

Account Information: 24/7Your account information is as close to you as your computer, telephone or mailbox. We’ll send a statement every quarter so you’ll always stay connected to your investments.

We’re Here to Help

Have questions?

Call a Business Retirement

Specialist today at 800-345-3533

Or visit us online at

americancentury.com/workplace

P.O. Box 419385 | Kansas City, MO 6414 6385 | Business Retirement Specialists 800-345-3533

BR-BKT-91138 1702

American Century Investment Services, Inc., Distributor ©2017 American Century Proprietary Holdings, Inc. All rights reserved.

You should consider the fund’s investment objectives, risks, and charges and expenses carefully before you invest. The fund’s prospectus or summary prospectus, which can be obtained by calling 800-345-3533, contains this and other information about the fund, and should be read carefully before investing.

Diversification cannot assure a profit or protect against a loss in a down market. Mutual fund investing involves market risk.

Rebalancing allows you to keep your asset allocation in line with your goals. It does not guarantee investment returns and does not eliminate risk.

This information is not a recommendation, is not individualized, and is not intended to serve as the primary basis for an investment decision.

The projections or other information generated by Investment Planner regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results.

As with all investments, there are risks of fluctuating prices, uncertainty of dividends, rates of return and yields. Current and future holdings are subject to market risk and will fluctuate in value.

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.

Past performance is no guarantee of future results. Investment return and fund share value will fluctuate and it is possible to lose money by investing in these funds.

will you be ready for retirement? - american century … · 2020. 8. 12. · retirement stick with...

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