You’ve been a smart saver. Now be a smart spender.
Manage your money after you retire with JPMorgan SmartRetirement® Blend Funds
Over the years, you’ve relied on SmartRetirement Blend to diversify your investments, manage your risk and help build your savings. With retirement approaching, count on it to help you spend confidently, too, so you can enjoy life.
[MUSIC PLAYING] You've been saving for retirement for a long time. That was smart. Now it's time to be a smart spender too, so you manage your money wisely in the years after you retire. Your JPMorgan SmartRetirement fund has some important features to help.
For starters, SmartRetirement is designed to keep generating investment returns in retirement, just as it did during your working years. That can give you more spending power, so you don't deny yourself the things that make retirement fun. Even better, your SmartRetirement fund gives you information to help you spend confidently in retirement, so you feel better about the decisions you make.
Let's say you're 65 and looking at your sources of retirement income. The first thing you may want to do is keep your assets invested in JPMorgan SmartRetirement. It's designed to help you spend gradually, so your money can last for retirement, even to age 100.
Next, check in each year to see how much to spend to keep your retirement on track. This amount is based on our research and market conditions.
And finally, enjoy your retirement more, knowing you can gradually spend your money over time with less worry. Looking at this in more detail, if you have $100,000 invested in SmartRetirement, the fund will identify a sample amount to withdraw for each year of your retirement, starting with $5,000 at age 65, for example. This amount will change yearly, so when you check in at age 75, it might be $7000.
But what if you want to spend a little more or a lot more one year, say for a special trip with the grandkids? Our digital SmartRetirement calculator will help you evaluate the impact on your future ability to spend, so you can make the smartest decision for you.
All of your fund's spending features turn on automatically as you near your target date. So stay on track in the years ahead with JPMorgan SmartRetirement. It could be your smartest move yet.
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What makes SmartRetirement Blend so easy?
Adjust to retirement
As you near your retirement target date, your fund's spending features will turn on automatically.
Enjoy yourself
You’ll have total flexibility. Spend more one year. Or less. Even plan a special trip. Our calculator shows the effect on future spending to help you stay on track.
Focus on returns
While carefully managing risk, your SmartRetirement Blend fund will continue to aim for investment gains. That can help your money go further.
Why SmartRetirement Blend? Hear from investors like you.
My family is very important to me. I'm married. I have one son who's 35 years old, and I also have a 5-year-old grandson. A grandchild's love is amazing. Every time I think about him, I just can't stop smiling. I want to be able to maintain a healthy life so that I can enjoy my grandson and any future grandchildren to come.
I've been preparing financially since I began my career. It's very important that my money lasts through retirement. It's going to be about laying on the beach, having a nice, little drink, relaxing, taking long walks, riding my bike.
So spending down my money in retirement is a bit of a fear factor for me. I do like that it provides an estimate as to how I would spend money in retirement and make it last. Not only is it conservative, it balances risks and reward, and it allows me to adjust my spending from year to year. Something like that gives me the ability to make my money last through retirement is the number one priority for me.
For Melia, there’s a fear factor to spending in retirement. So she likes the fund’s estimate of how much to spend.
I was flying back from the West Coast just the other day and I realized I haven't seen some of the parts of our country. And so I want to spend some time traveling around.
In New York, we're fortunate that we're a melting pot, so we can actually see a lot of different cultures in play. But I like actually going visiting and exploring the people in other cultures and the way they live day to day.
I've always wanted to get better at golf. I'm probably the worst golfer that I know. And I certainly wouldn't play with me if I had a choice.
So my biggest priority are two. One of them is to make sure that I have enough money to do the fun things that I want to do when I retire. And the second thing will be to support whatever charitable projects I think are important for future generations.
I really don't have an idea of what I should be spending when I retire. It's something that I worry about, but I don't have a clear idea. I am more risk averse as I've gotten older because I'm getting closer to retirement age. So I want a fund that's actually more conservative.
The thing that I want to get out of a tool like this is to spend my money intelligently to make sure that it lasts my entire retirement. And the great thing is that that is all built in. So I don't know if I'm going to live to 100, but it's really comforting to know that the fund will manage my money throughout my entire retirement.
I've been preparing for retirement my whole life. To have somebody that understands my stage of life I think is a really great idea and something that I would be very interested in.
Stuart’s priority in retirement is having enough money for the fun things in life. He thinks SmartRetirement Blend can help him spend more intelligently so he can do what he loves.
Laura’s story: Shifting from saver to spender
Situation: At 62, Laura's been diligently saving her $300,000 and working to be debt-free in retirement. But beyond living simpler, and going on an annual yoga retreat, she doesn’t quite know what her future will look like. Laura is:
• Uncertain what her expenses will be in retirement
• Not yet focused on how to manage her money post-retirement
• Currently invested in a portfolio designed for aggressive growth
Why SmartRetirement Blend: SmartRetirement Blend can help Laura find the right balance between enjoying her money now and planning for the future. By keeping her 401(k) invested in a SmartRetirement Blend fund, she’ll be able to keep to an annual budget – plus generate returns on her nest egg even as she uses it.
Vince’s story: Overcoming a fear of spending
Situation: Vince, 67, wasn’t exactly embracing retirement although he has $200,000 saved. He never ate out. Or bought anything beyond the basics. And he was resigned to keeping his old car running. In short, Vince was:
• Worried his assets would disappear too soon if he spent any money
• Still saving for a rainy day
• Relying on Social Security for all his expenses
Why SmartRetirement Blend: With SmartRetirement Blend, Vince plans to stick to the sample withdrawal amount that his fund identifies each year. With $100,000 invested, he learned he could spend $5,000 the first year without worry. His first purchase? A nice dinner out with his wife.
Bob and Angela’s story: Focusing on enjoying life
Situation: At 70 years old, he has a 401(k). She has a teacher’s pension. Together, they own a condo that they rent. With these resources in place for their retirement, Bob and Angela were:
• Focused on enjoying themselves in the years ahead
• Looking for flexibility to take advantage of new opportunities
• Seeking a better understanding of how much to spend each year
Why SmartRetirement Blend: Bob and Angela appreciate that their fund identifies a sample withdrawal amount to spend annually. That helps them better plan their spending for the year across all their investments. At the same time, it gives them the flexibility to take out as much (or as little) as they want, so they can take that long-awaited trip to Europe if they choose to.