There is never a wrong time to invest in mutual funds for retirement. So, if you're still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great guide.

The best way to shortlist great mutual funds is to ensure solid performance, diversification, and low fees. Some are better than others, but utilizing the Zacks Mutual Fund Rank, we have identified three mutual funds that could be solid additions to one's retirement portfolio.

Let's take a look at some of our top-ranked mutual funds with the lowest fees.

Easterly Hedged Equity I (JDIEX): 1.31% expense ratio and 1.2% management fee. JDIEX is a Long Short - Equity option. These funds' investment strategy consists of minimizing overall market exposure, while at the same time taking long positions in equities that are expected to appreciate and short positions in equities that are projected to decline. With annual returns of 10.34% over the last five years, this fund is a winner.

MFS Blended Research Intl Eq I (BRXIX Quick QuoteBRXIX - Free Report) : 0.49% expense ratio and 0.35% management fee. BRXIX is a Non US - Equity option, focusing their investments acoss emerging and developed markets, and can often extend across cap levels too. BRXIX, with annual returns of 13.24% over the last five years, is a well-diversified fund with a long track record of success.

Lord Abbett Growth Leaders F3 (LGLOX) is an attractive large-cap allocation. LGLOX is a Large Cap Growth option; these mutual funds purchase stakes in numerous large U.S. companies that are expected to develop and grow at a faster rate than other large-cap stocks. LGLOX has an expense ratio of 0.57%, management fee of 0.51%, and annual returns of 7.61% over the past five years.

There you have it. If your financial advisor had you put your money into any of our top-ranked funds, then they've got you covered. If not, you may need to talk.