Retirement Income Fund - RIF

AAA

DEFINITION of 'Retirement Income Fund - RIF'

A group of investment products available to anyone as a conservative means of saving for retirement. A RIF is generally a mutual fund that is well diversified in large and mid-cap stocks and bonds. A RIF balances its portfolio to allow for moderate gains using a conservative approach to attempt to retain value while providing income to investors.

INVESTOPEDIA EXPLAINS 'Retirement Income Fund - RIF'

Retirement income funds are actively managed funds that are intended to provide conservative, moderate growth for assets tucked away for retirement purposes, such as IRAs. There is no special tax treatment for these funds despite their name; they are treated as normal mutual fund investments. As a mutual fund, they are exposed to market risk and are, therefore, not a guaranteed retirement income - although they are invested conservatively. Some types of retirement income funds pay out regular distributions, such as monthly or quarterly. This type of fund usually has a required minimum investment and will incur fees similar to other mutual fund products.

RELATED TERMS
  1. Asset Allocation Fund

    A mutual fund that provides investors with a portfolio of a fixed ...
  2. Individual Retirement Account - ...

    An investing tool used by individuals to earn and earmark funds ...
  3. Mutual Fund

    An investment vehicle that is made up of a pool of funds collected ...
  4. Diversification

    A risk management technique that mixes a wide variety of investments ...
  5. Retirement Planning

    The process of determining retirement income goals and the actions ...
  6. Historic Pricing

    A method for calculating the value of an asset using the last ...
Related Articles
  1. Passing The Buck: The Hidden Costs Of ...
    Bonds & Fixed Income

    Passing The Buck: The Hidden Costs Of ...

  2. Managing Income During Retirement
    Budgeting

    Managing Income During Retirement

  3. Getting the Whole Story on Variable ...
    Options & Futures

    Getting the Whole Story on Variable ...

  4. What Is A Registered Investment Advisor?
    Options & Futures

    What Is A Registered Investment Advisor?

Hot Definitions
  1. Halloween Strategy

    An investment technique in which an investor sells stocks before May 1 and refrains from reinvesting in the stock market ...
  2. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  3. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  4. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  5. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
  6. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
Trading Center