One Choice® Target-Date Portfolios

Tested by the Market's Twists and Turns

Stay on top of fast-moving markets and how our teams are positioning portfolios.

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One Choice Stands Out®

The prolonged bull market favored those target-date funds (TDFs) heavily weighted to stocks. But markets don't run in one direction forever. Faced with a downturn or extended volatility, these funds could leave many investors behind, resulting in years of lost income for participants in or near retirement.

One Choice® Target-Date Portfolios (One Choice) seek to minimize the magnitude of potential losses resulting from periods of market stress. By emphasizing greater wealth accumulation from a smoother ride across market cycles, we believe One Choice offers the opportunity for more participants to reach their retirement goals. View our One Choice line-up.

Risk-Managed Glide Path

  • Glide Path

    A chart visualizing the changing underlying allocations based on timeframe as the target date approaches.

    Designed with Conviction

    • The glide path starts with a growth-oriented mix of investments focused on building assets.
    • It gradually shifts to help diversify portfolios while still maintaining some growth potential.
    • Our goal is to provide the greatest opportunity for participants’ money to last throughout retirement.

    The Making of a Glide Path

    Learn more about the impact of design decisions on retirement outcomes.

    Download the white paper.

    A One Choice Target Date Portfolio's target date is the approximate year when investors plan to retire or start withdrawing their money. The principal value of the investment is not guaranteed at any time, including at the target date.

    Each target-date One Choice Target Date Portfolio seeks the highest total return consistent with American Century Investments' proprietary asset mix. Over time, the asset mix and weightings are adjusted to be more conservative. In general, as the target year approaches, the portfolio's allocation becomes more conservative by decreasing the allocation to stocks and increasing the allocation to bonds and money market instruments.

    Featured Insights

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    Will Your TDF Leave Investors Behind?

    View analysis of performance for various TDF options during the 10-largest drawdowns since 2004.

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    Compare Multiple TDF Options

    Help fiduciaries select the TDF solution best suited to each plan with forward-looking insights using our Target-Date Risk Dashboard® tool.

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    The Road to Success in TDF Selection

    Hear from Rich Weiss, Chief Investment Officer, Multi-Asset Strategies, as he discusses common misconceptions about target-date performance and how to select the right vehicle for the road ahead


    Find a Target Date

    One Choice® Target Date Portfolios based on a birth year and a retirement age of 65.

    Birth Year Retirement Date at Age 65 One Choice Target Date Portfolio
    1993 and after 2058 and after One Choice® 2060 Portfolio
    1988 - 1992 2053 - 2057 One Choice® 2055 Portfolio
    1983 - 1987 2048 - 2052 One Choice® 2050 Portfolio
    1978 - 1982 2043 - 2047 One Choice® 2045 Portfolio
    1973 - 1977 2033 - 2037 One Choice® 2040 Portfolio
    1968 - 1972 2038 - 2042 One Choice® 2035 Portfolio
    1963 - 1967 2028 - 2032 One Choice® 2030 Portfolio
    1958 - 1962 2023 - 2027 One Choice® 2025 Portfolio
    1955 - 1957 2020 - 2022 One Choice® 2020 Portfolio
    1954 or earlier 2019 or earlier One Choice® In Retirement Portfolio

    Portfolio Performance


    Money Market Fund: You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund's sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

    The performance of the portfolios is dependent on the performance of their underlying American Century Investments' funds and will assume the risks associated with these funds. The risks will vary according to each portfolio's asset allocation, and a fund with a later target date is expected to be more volatile than one with an earlier target date.

    Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results.

    Diversification does not assure a profit nor does it protect against loss of principal.