I Want to Get Riches, I Want to Stay Wealthy Phase

As someone moves along their lifecycle, as they get closer to age 55, 60, 60, 570, their appetite for risk decreases. So the amount of risk inside of their portfolio should decrease. Schwab's systematic rebalance allows a natural mechanism for us to do this. We love target date retirement funds because they paint a very clear picture of what should naturally happen in your portfolio.