Your investments need a glide path as the goal gets closer. Here’s how it works
A glide path is a plan for changing how money is invested as a target date approaches. Instead of holding a fixed mix of assets, the portfolio starts out tilted towards growth and gradually shifts towards stability. In investing, that typically means a high share of equity in the early years, when there is time to ride out volatility, followed by a gradual move into debt as the goal nears and the room for error shrinks.
