LFIRX

About LFIRX

MFS Lifetime 2055 Fund Class R1 is a target-date mutual fund designed to provide investors with a professionally managed, diversified portfolio tailored for retirement around the year 2055. The fund targets a high level of total return through its asset allocation strategy in the years leading up to the retirement date in its name. As that date approaches and passes, its asset mix gradually shifts to become more conservative, focusing more on generating income and preserving capital. The fund invests primarily in a broad range of underlying MFS funds, offering exposure to equities, fixed income, and other asset classes. This structure enables automatic rebalancing and risk management by experienced professionals, supporting long-term retirement planning for individuals or participants in employer-sponsored plans. Notable features of MFS Lifetime 2055 Fund Class R1 include disciplined active management, a progressive glide path, and the absence of an initial sales charge for eligible investors. It plays a significant role in facilitating retirement readiness by simplifying investment decisions and empirically adjusting exposure to growth-oriented assets early on, then emphasizing stability closer to and during retirement years.