From: zhendsch@yahoo.com (zak)
Newsgroups: misc.invest.financial-plan
Subject: Re: Roth IRA As Emergency Fund?
Date: 20 Oct 2003 12:25:11 GMT
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mtran2000@aol.com (Mark) wrote in message news:<709f5527.0310181848.411d9d9d@posting.google.com>...
> Thanks for responding to my post. What I was thinking of putting money
> into in Roth IRA is the T-Rowe Retirement 2020 fund. Do you know
> anything about these type of funds. I know they are fund of funds type
> investing but fairly well diversified and automatically get more
> conservative as retirement looms closer.
> 
> I do realize they are not as safe as money markets but are considered
> fairly low to moderate risk. I really don't plan on taking money out
> for emergencies (of course who does) because I have other money saved
> for that but want another just in case fund with some conservative
> growth possibilities.

Looking at retirement2020, it looks to be 77% stock, 18% bond, and 5%
cash.  It should be fairly safe over 17 years.  But over the short
term, you could still lose a large percentage of your money.