J.P. Morgan Asset Management

  1. JPMorgan SmartRetirement® Blend Income

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JPMorgan SmartRetirement® Blend Income
For individuals born before 1959

When you select a SmartRetirement 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 100 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 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.


Select a different Fund

  • SmartRetirement Blend Income
  • SmartRetirement Blend 2025
  • SmartRetirement Blend 2030
  • SmartRetirement Blend 2035
  • SmartRetirement Blend 2040
  • SmartRetirement Blend 2045
  • SmartRetirement Blend 2050
  • SmartRetirement Blend 2055
  • SmartRetirement Blend 2060
  • SmartRetirement Blend 2065

*As of 3/31/2023.

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 Blend? Hear from investors like you.

Elizabeth Swartwood

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[MUSIC PLAYING] My name's Elizabeth Swartwood. I am invested in my 401(k) at my work. I have nine children, and we raised them, and then I went to work to help pay to raise them. So I worked at night part time. My husband always came home-- he was a structural engineer-- always came home promptly at 5 o'clock, and I left a little bit early, had dinner on the table, and worked at night for many years [INAUDIBLE] and I think in 1961 is when I started.

And I've worked ever since. My husband talked me into quitting. Why don't know I quit? And he said, the kids are gone. Enjoy some time off. Quit working. So I did for a year, and I got bored, went back to work. No, I wasn't able to. Because I had so many children, we were paying from paycheck to paycheck. I remember we had $500 money saved, and we were just blessing ourselves and patting ourselves on the back, and the car went bad and we had to get a new car.

All of my children, of course, are grown, and are marvelous savers. We must have instilled something at home because they all have savings accounts that are listed with investing companies. They're all on their 401(k) or whatever their companies have. I do you have grandchildren and great grandchildren, and I have two new great grandsons that'll will be year old next month.

And I've started what I've started doing with them, and I've told their parents, I'm giving them money for their birthday. Any occasion-- Valentine's Day, whatever-- I'm giving them money for them to put it in an account so that that boy will be-- have some money when he's grown. I'm sure I won't be around when he's grown, but she's promised me she's going to tell him about me.

I would advise them to start putting something-- a few dollars, anything-- every pay day to put it in, because they're not going to miss it, and it will amount to a lot of money later on in their life. If they can just leave it and let it grow, it's going to be fabulous for them when they need it later on.

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 will amount to a lot

Elizabeth understands the importance of starting early, from the start the fund will ensure her children and grandchildren are well-diversified with just one fund

Sharida Harris

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[MUSIC PLAYING] I chose my fund based on my lifestyle. I have a really, really busy lifestyle. So I wanted a fund that would give me the necessary amount of risk and growth. So I didn't want to have to proactively manage those funds and make sure that I had the right mix, because that would sort of make me a little nervous to have to do that on a constant basis. So I love that there is a fund that does that for me.

I know that a target date fund is a fund that is a specified mix of income and growth. So if I am 25 years old, then I would probably have a more aggressive mix. And that mix would change over time, as I grow older.

I think they do research, and they look at statistics, and they look at what's out there in the marketplace. And then they determine the best companies to invest in and the best markets to invest in for the various types of target date funds that are out there. I think they probably love what they do. And they want to see the fund be successful, and they want to see people who invest in the fund be successful as well.

I would say, just think about that there is a professional that's doing this for you that really understands the mix behind these funds. And just think about all the research that you would have to do if you select these funds individually for yourself.

[MUSIC PLAYING]

I think they probably love what they do

For Sharida, having the right mix of investments is very important, so she likes that our investment professionals do the hard work for her.

Valerie Youngs

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[MUSIC PLAYING] Well, I chose them because it looked like it would make better sense than what I was doing now. Before there were target date funds, I think I really just guessed what what was happening in my portfolio-- what I wanted to happen in my portfolio. They gave me a long list-- almost was felt like it was a cafeteria list-- of different funds, and I pretty much just guessed what fund and how much percentage, and looked every quarter to see what kind of performance I was getting.

So let's say I'm going to retire in 2020. And what it does is it creates a path of investments so I can actually-- when I get closer to retirement, the funds will a little be a little bit more conservative. And that's how it works. Very best thing about a target date fund for me is the people behind the scenes, the people who-- the money managers, the people who are helping me retire.

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.

Before I guessed on what I wanted to happen in my portfolio

The fund’s clear path makes Valerie feel confident that her investment will be automatically adjusted as she nears retirement  

What's in the Income Fund?*

sr-donut-2020-fund

*As of January 31, 2024.

Resources

Download fact sheet

  • Class I
  • Class R2
  • Class R3
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  • Class R6

Download Prospectus

  • Class I
  • Class R2
  • Class R3
  • Class R4
  • Class R5
  • Class R6

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.

Contact JPMorgan Distribution Services, Inc. at 1-800-480-4111 for a prospectus. Carefully consider the fund’s objectives, risks, charges and expenses before investing. The prospectus contains this and other fund information. Read it carefully before investing.

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.

CONFLICTS OF INTEREST – Refer to the Conflicts of Interest section of the Fund’s prospectus

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.

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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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