8 Best Vanguard Funds to Invest In for Retirees

6. Vanguard Target Retirement 2050 Fund (NASDAQ:VFIFX)

5-Year Share Price Performance as of February 18: 29.08%

Rather than focusing on a single retirement year, some Vanguard funds use a five-year horizon, such as 2046 to 2050 in the case of VFIFX. This technique makes the fund ideal for a more adjustable retirement planning strategy. These funds are intended to be a one-stop shop for retirement investment, becoming more cautious as the desired retirement date approaches by gradually modifying their stock and bond allocation. This implies that investors will not have to perform this balance themselves, thus making it the pinnacle of a set-it-and-forget-it investment technique.