What investment options are available for my retirement savings?

When considering retirement savings, Prudential - Retirement offers a variety of investment options to help individuals plan for their financial future. These options typically include mutual funds, target date funds, fixed annuities, variable annuities, and other investment vehicles designed to align with different risk tolerances and retirement timelines. Mutual funds are a popular choice, as they allow investors to pool their money together to invest in a diversified portfolio of stocks, bonds, or other securities. Target date funds are specifically designed for individuals planning to retire around a certain year, gradually adjusting their asset allocation as the target date approaches. Fixed annuities provide a steady income stream during retirement and are often considered more conservative investments. Variable annuities, on the other hand, allow for investment in equity markets while offering some level of income guarantees. Moreover, Prudential - Retirement may also provide access to self-directed brokerage accounts, enabling individuals to choose from a broader range of investments outside of their core offerings. It is important for individuals to understand their investment goals and risk tolerance when selecting investment options. For additional details about specific investment choices and current offerings, individuals may want to visit the relevant Prudential web page for the most up-to-date information.