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PEFGX Putnam RetirementReady 2060 R6

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Fund PEFGX Putnam RetirementReady 2060 R6 VTTSX Vanguard Target Retirement 2060 Inv  
Similarity
?
100% 89%
Annual Fees
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$73.61
(0.70% Exp. Ratio)
$16.83
(0.16% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.16% annual return
$36,626.59 $43,097.91
Est. savings over 30 yrs +$6,471.32
Return
As of 11/30/16
1 YR RETURN 2.56%
3 YR --
5 YR --
10 YR --
1 YR RETURN 4.92%
3 YR 4.72%
5 YR --
10 YR --
Description
The investment seeks capital appreciation and current income consistent with a decreasing emphasis on capital appreciation and an increasing emphasis on current income as it approaches its target date. The fund's asset allocation strategy may be attractive to investors who plan to retire or otherwise intend to begin making periodic withdrawals of their investments in or about 2060 (the target date). The fund is designed to provide diversification among different asset classes by investing its assets in other Putnam mutual funds, referred to as underlying funds.
The investment seeks to provide capital appreciation and current income consistent with its current asset allocation. The fund invests in other Vanguard mutual funds according to an asset allocation strategy designed for investors planning to retire and leave the workforce in or within a few years of 2060 (the target year). The fund's asset allocation will become more conservative over time, meaning that the percentage of assets allocated to stocks will decrease while the percentage of assets allocated to bonds and other fixed income investments will increase.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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