Is a target date retirement fund too conservative for retiring at 60?

Is a target date retirement fund too conservative for retiring at 60? I am currently hoping for (and I believe on track with my savings) to retire at 60. My 401K is invested 100% in a 2040 Fidelity target date retirement fund. I will turn 60 in late 2039. Is this too conservative for retirement at age 60? My general plan at retirement is to draw from my tax preferred accounts at 4% a year, plus pull an amount equ...

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