Northrop Grumman’s Retirement Path portfolios are designed to simplify saving and investing for retirement. If you do not want to actively manage your retirement savings or you simply prefer to delegate the task to an investment professional, a Retirement Path portfolio may be right for you.

Each Retirement Path portfolio is actively managed by an independent investment professional and is:

• Targeted to a specific retirement date — All you have to do is choose the portfolio that’s closest to the year you plan to retire or begin to withdraw your money
• Broadly diversified — Your money is allocated among a wide range of investments from several different asset classes to help minimize your risk
• Ajusted over time — Over time, the investment mix of your selected Retirement Path portfolio is adjusted to reflect your changing objectives — slowly moving from an aggressive investment strategy when retirement is many years away to a conservative strategy as retirement approaches. When a Retirement Path portfolio reaches its target year, it is merged into the Target Retirement Path portfolio. For example, the 2010 Retirement Path portfolio will be merged into the Target Retirement Path portfolio in the year 2010.

Northrop Grumman offers the following Retirement Path portfolios:

• Target Retirement Path
• 2010 Retirement Path
• 2020 Retirement Path
• 2030 Retirement Path
• 2040 Retirement Path.

By choosing just one Retirement Path portfolio, you can implement a diversified, professionally managed retirement strategy in just one easy step. If you prefer to invest more aggressively or more conservatively than others in your age group, you can simply choose a Retirement Path portfolio with a higher or lower target retirement date than your own.

Your Retirement Path Portfolio Options At A Glance

The following chart illustrates the general investment mix and relative risk and return of each of the Retirement Path portfolios. These portfolios may use active and passive investment strategies. See “Basics of Investing: Stocks” and “Basics of Investing: Passively Managed vs. Actively Managed Funds” in the Northrop Grumman Savings Plan SPD for more information. 

Is a Retirement Path Portfolio Right for You?

You may wish to consider a Retirement Path portfolio if:

• You’re too busy to actively manage your retirement savings and investments
• You are not sure how to invest your money to achieve your retirement goals
• You simply prefer to delegate the task of asset allocation to an investment professional.

This Investment Center includes links to tools and information provided by organizations that are not associated or affiliated with Northrop Grumman. The tools and information provided by these organizations are not the property of Northrop Grumman, and Northrop Grumman is not responsible for their accuracy, completeness, or continued availability. You are solely responsible for the investment and asset allocation decisions you make pertaining to your personal savings and investments, including investments in the Northrop Grumman Savings Plan, Financial Security and Savings Program, and any other savings plans sponsored by Northrop Grumman.