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I am currently in a Fidelity Fib Freedom 20/20 fund. Any suggestions for a company with a similar type of fund


I think these are refered to as "Lifecycle" or "Target Maturtiy" Fund. I want to invest in my 403b7 without having to watch it closely. I was also wondering if I should consider going with an annuity instead of one of these funds.

Your fund is fine if you " don't want to get involved"... if you want to get just a teensy aggressive, pick a fund that is ten years beyond your retirement date. Either way, you've got professionals looking after your funds...nice to know.
Annuity? Very few " investors" will ever recommend that approach!

Are there Life-cycle Funds that are better than Fib Freedom 20/20? I am a 41 year old teacher retiring at 60. Report It

Also, many of my co-teachers are investing through annuities vs. these funds. What are the pro's and con's? thanks Report It

FFFDX invests in more volatile stocks of the S&P 500. Slightly more risk than an S&P 500 index fund with slightly more return. Over time, the investment will gradually shift to the less aggressive stocks and then begin adding bonds. This is a fund that, if you plan to retire in 2020, you should not have to watch at all . . . buy and forget . . . by design the fund is appropriate for a 52 year-old.

An annuity is a vehicle that can hold virtually any type of investment, including one like FFDDX. By comparing FFFDX to an annuity you are comparing an investment to the box it comes in . . . a brokerage account or an annuity.

Th real question is why would you do anything at all . . . but you've offered no insight to us.

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