JPMorgan SmartRetirement® 2020
For individuals born between 1954 and 1958
Your SmartRetirement® fund is ready for all the years ahead, including the years after you retire.
When you select a SmartRetirement 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.
Keep in mind, SmartRetirement can meet your needs after you retire, too, with features that help you spend confidently so your money lasts.
Select a different Fund
This year’s sample withdrawal amount for SmartRetirement 2020:
Do you know what percentage of your account balance to withdraw and spend each year that you’re retired? Our sample withdrawal amount provides an estimate that’s adjusted annually based on our research and market conditions.
You have the flexibility to spend a different amount during the year and can use our online calculator to help with your decision-making.
Why SmartRetirement? Hear from investors like you.
[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’s important my money lasts
For Melia, there’s a fear factor to spending in retirement. So she likes the fund’s estimate of how much to spend.
[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.
Understands my stage of life
Stuart’s priority in retirement is having enough money for the fun things in life. He thinks SmartRetirement can help him spend more intelligently so he can do what he loves.
Retired or retiring soon? Spend confidently in the future with SmartRetirement.
With exclusive features to manage your spending after you retire, SmartRetirement can help you enjoy life while feeling confident your money will last.
- See how much to spend each year with our sample withdrawal amount
- Spend more (or less) to meet your needs and easily adjust your future planning
- Gain additional spending power as your fund continues to focus on investment gains
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 through 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 $7,000.
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.
What's in the 2020 Fund?*
SmartRetirement and SmartRetirement Blend rated bronze(1) by Morningstar
(1) Morningstar, US Fund Target Date categories. Medalist rating as of 10/03/22; applies to the SmartRetirement and SmartRetirement Blend R6 mutual funds.