Purchasing a Life-Cycle Fund Is a "Set-It-And-Forget-It" Approach to Investing

question 142

True/False

Purchasing a life-cycle fund is a "set-it-and-forget-it" approach to investing for retirement.

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Definitions:

Historical Data

Information from the past used for analysis to understand trends, patterns, and to plan future moves.

Planning Process

A systematic approach involving the development of strategies and allocating resources to achieve organizational goals.

Next Financial Year

The forthcoming fiscal period for a business or organization, following the current fiscal year.

Actual Performance

The real, observed outcomes or results achieved by an individual, team, or organization, often compared against planned or expected performance.