Changing world, consistent goal

25 years of building retirement savings

The goal remains the same: helping participants build their retirement savings. Nearly everything else – markets, demographics, even retirement itself - has changed. That’s why for 25 years we have never stopped re-inventing LifePath® — the target date fund strategy we introduced in 1993.

Chosen by the top DC plans

Today, LifePath is relied on by more of the top 401(k) plans than any other target date fund*, offering a choice of strategies based on a common foundation of history, research and strategic vision. Plan sponsors can choose our award-winning, low-cost index strategy, cost-efficient smart beta implementations, leading-edge active strategies and even customized approaches incorporating sustainable investing insights. Each backed by our commitment to meet the needs of today’s retirees – and tomorrow’s.

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In 1993, BlackRock invented the target date fund to help people meet the challenge of managing their investments across their lifetime. Twenty-five years later, we are still focused on helping people build for retirement.

But the job is far more complex than it was in 1993. Work has changed. The markets have changed.

Even people have changed and are living longer. And we don’t want to keep up with change – we want to stay ahead of it. That’s why BlackRock hasn’t stopped reinventing the target date fund for 25 years.

For us, it starts with research into how people earn, spend and save in the real world. We study behavior to understand how to help keep people saving despite the market’s ups and downs. We build tools and portfolios to help people navigate retirement spending with confidence.

Finally, we invest in technology to help us harness the power of data for insights and opportunities that were beyond the reach of most investors in 1993. So what does twenty-five years of re-inventing the target date fund mean for our clients? It means that they have a choice of LifePath strategies, each built on a foundation of research and experience.

Whether it’s broad, diversified market exposure through efficient indexes…or innovative target date funds incorporating smart beta, factor or sustainable investing insights…LifePath funds are designed to tackle today’s retirement challenge. And tomorrow's.

So yes, we’re proud of our history. But we’re more excited about the next twenty-five years, and the twenty-five beyond that. We remain committed to keep re-inventing the target date fund with the same goal we have when we began: Making it simple for people of every age to save for the retirement they want.

The LifePath Funds may be offered as mutual funds. You should consider the investment objectives, risks, charges and expenses of each fund carefully before investing. The prospectuses and, if available, the summary prospectuses contain this and other information about the funds, and are available, along with information on other BlackRock funds, by calling 800-882-0052 or from your financial professional. The prospectuses and, if available, the summary prospectuses should be read carefully before investing.

Investing involves risk, including possible loss of principal. Asset allocation models and diversification do not promise any level of performance or guarantee against loss of principal. Investment in the funds is subject to the risks of the underlying funds. The principal value of the funds is not guaranteed at any time, including at and after the target date.

This presentation does not constitute a recommendation by BlackRock, or an offer to sell, or a solicitation of any offer to buy or sell any securities, product or service. The information is not intended to provide investment advice. BlackRock does not guarantee the suitability or potential value of any particular investment.

The LifePath products are covered by US patents 5,812,987 and 6,336,102.

The Funds are distributed by BlackRock Investments, LLC (together with its affiliates, "BlackRock").

©2018 BlackRock, Inc. All rights reserved. BLACKROCK and LIFEPATH are registered trademarks of BlackRock, Inc. All other trademarks are those of their respective owners.

So yes, we’re proud of our history. But we’re more excited about the next twenty-five years, and the twenty-five beyond that. We remain committed to keep re-inventing the target date fund with the same goal we had when we began: Making it simple for people of every age to save for the retirement they want.

Not just keeping up… staying ahead

We invented the target date fund to solve the complex problem of managing age-appropriate diversification throughout a participant’s career. Since 1993, we have seen more than bulls and bears: we have seen critical changes that demand evolution. We research and analyze demographics, human capital, economic trends and advanced investment strategies. It’s why we invest in technology and deep risk analytics. Because we don’t want to keep up with change – we want to stay ahead of it. Learn more about how we continuously seek to achieve better outcomes for participants.

Binoculars Outline

Insights

Target Date Funds State
of the Union

The growth of target date funds brings increased demand for flexibility and choice. We take a step back to consider the trends.

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Tools Outline

Tools & Resources

Retirement spending for the next generation: LifePath Spending Tool

The LifePath Spending Tool offers estimated spending for retirees over a lifetime based on current age and retirement savings.

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