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JPMorgan SmartRetirement® Passive Blend 2060
For individuals born after 1993

When you select a SmartRetirement Passive Blend Fund, you're automatically invested in more than 20 underlying funds across two asset classes - stocks and bonds. By investing in the fund, a team of more than 75 investment professionals at J.P. Morgan* is responsible for shifting the allocation from stocks to bonds as the fund approaches its target date. This way your fund automatically changes to become more conservative as you approach your target retirement date.

Since each SmartRetirement Passive Blend Fund is dynamically managed for a specific date in the future, you'll want to consider selecting one named for the year closest to when you plan to retire and begin withdrawing from your account.

*As of December 31, 2021.

Chart showing the SmartRetirement asset allocation starting from age 20 through age 80. SmartRetirement automatically becomes more conservative as you approach your target date which is shown at age 65.
This fund assumes you plan to retire at age 65. Your plan may not offer all of these funds.

Why SmartRetirement Passive Blend? Hear from investors like you.

Mary Klap

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Coming out of college retirement seems pretty far off into the future. So when I joined with the firm, we were given a rundown of our benefits, and among those were our retirement options-- investment options. We were informed that one of the options was a target date fund that would be geared towards our retirement predicted age.

It's a portfolio I'm invested in that is adjusted over time. As I get older and able to tolerate less risk, the fund becomes more conservative overall, so at retirement, I have a much safer investment. I've actually been having this conversation a lot with my friends, trying to convince them that now is a really important time to invest. Being able to use the amount of time that we have between now and retiring provides a lot of opportunity for a compounding interest and generating better returns.

It's something that I think is really important for myself and my friends at our age. Target date funds aren't guaranteed. Like any investment, they carry inherent risks. The greater risk is not having any money to retire. That's a certain outcome, and it's much more likely to have a better outcome by investing and taking advantage of those opportunities.

This material has been prepared for informational and educational purposes only. It is not intended to provide and should not be relied upon for investment, accounting, legal, or tax advice. JPMorgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase and company and its affiliates worldwide. 

The greater risk is not having any money to retire

Mary understands there is no guarantee with investments, but having a diversified portfolio to ride out market swings can help her achieve her future goals.

Colby Swanstone

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[MUSIC PLAYING] What I know about target date funds is that they're more aggressive for younger people, and as you get closer to retirement, they become more conservative. It's automatic, which is very convenient. I chose a target date fund because I'm a graphic designer. I'm not a financial expert, and it's something that I'm trusting the financial experts to take care of it for me. And so I'm putting myself in their good hands. 

 

I'm saving because it's responsible. I know that, to be prepared for retirement, which-- quite a ways away from it-- is just a certain level of security, being invested now, hoping that putting things in place now is going to hopefully be OK for me later on, and not having to rush around to make sure things are taken care of when I'm ready for retirement. The very best thing about being in a target date fund is, for me, to not have to worry about it, and for me, to not have to be hands-on. I'm trusting those people to take care of me, and I think they're doing a really good job. 

 

This material has been prepared for informational and educational purposes only. It is not intended to provide and should not be relied upon for investment, accounting, legal, or tax advice. JP Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase and company and its affiliates worldwide. 

It’s automatic

Colby likes the hands-off approach of picking a target date, he’s confident his investment will automatically adjust as he gets closer to retiring.

Kelly Ferris

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[MUSIC PLAYING] I chose a target date fund and because I'm not very active in investing, and so I thought it might be easier if someone just did the busy work for me, and I could check in and just see how it was doing. As far is my understanding goes, a target date fund is something that you choose, and it gets conservative over time. So I'm 22 right now, and so I can take a more aggressive approach at a target date fund, and then over time, it would become more conservative. 

 

When I hear the word retirement, I think about-- I think that people that manage my money are more knowledgeable about the subject, and they're-- they know how to make decisions for both my age, and also they know what the markets are doing. And I think that's something that they're more knowledgeable about than me, so I think that they're researching and doing the things they need to do to check in on a daily basis, whereas I don't have to monitor it that often. The very best thing about investing in a target date fund is that I can just set it once and then go back to check on it when I want, as opposed to worrying about it on a daily basis. 

 

This material has been prepared for informational and educational purposes only. It is not intended to provide and should not be relied upon for investment, accounting, legal, or tax advice. JPMorgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase and company and its affiliates worldwide. 

They know what the markets are doing

Kelly likes knowing she doesn’t have to continually check on her money since the fund is being managed by experts.

What's in the 2060 Fund?*

2060

*As of April 1, 2022.

Award-winning funds

SmartRetirement and SmartRetirement Blend rated bronze(1) by MorningstarMorning star Bronze award logo

(1) Morningstar, US Fund Target Date categories. Analyst rating as of 10/03/22; applies to the SmartRetirement and SmartRetirement Blend R6 mutual funds.

Resources

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At least choosing a retirement fund can be easy.

Brochure: An introduction to SmartRetirement funds and how they work.

Download

This website was created for informational and educational purposes only. It’s not meant to be a recommendation from J.P. Morgan Asset Management, its affiliates or representatives for any specific investment strategy or specific course of action—or any action at all. Materials like this are part of product marketing efforts and are not impartial. Any examples are just hypothetical illustrations provided to help explain a point. Before you make any investment decisions, contact the professionals, such as your tax advisor, who know your personal financial situation best.

The Commingled Pension trust Fund (JPMCB SmartRetirement Passive Blend DRE) of JPMorgan Chase bank N.A. is a collective trust fund established and maintained by JPMorgan Chase Bank N.A. under a declaration of trust. The fund is not required to file a prospectus or registration statement with the SEC, and accordingly, neither is available, but a copy of the Fund Summary is available from your employer. The fund is available only to certain qualified retirement and government plans and is not offered to the general public. Units of the fund are not bank deposits and are not insured or guaranteed by any bank, government entity, the FDIC or any other type of deposit insurance.

The JPMorgan SmartRetirement Funds are target date funds with the target date being the approximate date when investors plan to retire. Generally, the asset allocation of each Fund will change on an annual basis with the asset allocation becoming more conservative as the Fund nears the target retirement date. The principal value of the Fund(s) is not guaranteed at any time, including at the target date.

Certain underlying funds of the SmartRetirement Funds may have unique risks associated with investments in foreign/ emerging markets securities and/or fixed income instruments. International investing involves increased risk and volatility due to currency exchange rate changes; political, social or economic instability; and accounting or other financial standard differences. The strategic asset allocation depicts the funds targeted weights. Actual allocations may differ. We may adjust this amount based on J.P. Morgan’s internal research and market conditions.

Asset allocation strategy for Target Date Funds is designed with two main goals in mind: promoting asset accumulation prior to retirement, which is the Fund’s “Savings Phase,” and supporting investors withdrawing their investment in the Fund throughout retirement, which is the Fund’s “Spending Phase.” Therefore, the asset allocation strategy will change over time, generally becoming more conservative as it approaches the target retirement year and then remaining relatively stable afterwards. The asset allocation strategy during the Savings Phase will generally start with a greater emphasis on global equity investments and gradually shift to more emphasis on global fixed income investments. During the Spending Phase, the Fund will generally have a greater emphasis on global fixed income investments. The Spending Phase of the Fund is designed for investors in retirement who intend to spend down their holdings in the Fund. There is no guarantee that the Fund will provide sufficient retirement income, the sample withdrawal amount for any given year may be zero in order to preserve capital and you may lose money invested in the Fund.

Annual Sample Withdrawal Amount is a generic hypothetical example produced annually by the Fund’s advisor and seeks to estimate a percentage of a shareholder’s investment in the Fund(s) as of the beginning of the year that theoretically could be redeemed by a shareholder during that year while still allowing for redemptions in future years through the maturity date. This amount is as of a specific calculation date that does not consider, nor is it based upon, an investor’s specific circumstances. Because it is assumed that investors will be withdrawing a portion of their investment in the Fund each year during the Spending Phase, the Fund’s assets are expected to decline over time and approach zero in the target maturity year. The Sample Withdrawal Amount will be made available in January each year on the Fund’s website.

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J.P. Morgan Asset Management is the brand name for the investment management businesses of JPMorgan Chase & Co. and its affiliates worldwide. J.P. Morgan Funds are distributed by JPMorgan Distribution Services, Inc.; member of FINRA.

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If you are a person with a disability and need additional support in viewing the material, please call us at 1-800-343-1113 for assistance.

J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. and its affiliates worldwide. J.P. Morgan Funds are distributed by JPMorgan Distribution Services, Inc.; member of FINRA. FINRA's BrokerCheck

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