Just an example, cliche if you will, and applicable to other fund families.
Target Retirement 2015 44 % bonds
Target Retirement 2020 35 %
Target Retirement 2025 27 %
Target Retirement 2030 20 %
Target Retirement 2035 12 %
Target Retirement 2040 10 %
Target Retirement 2045 10 %
Target Retirement 2050 10 %
Target Retirement 2055 10 %
Target Retirement 2060 10 %
27% bond for someone with 13 years left to retirement, and 20% for someone
with 18 years left to retirement, I mean really? Too many people misjudged
themselves, thinking they knew their risk tolerance and then threw towel in
late 2008 to early 2009. I'd say unless one is tested in real situation,
better be careful than sorry.