Kumiko Love Instagram – @thebudgetmom
I started my retirement journey with one target date fund.
When I helped Chris set up his 401k, I started with a target date fund.
When I opened my kids’ 529 accounts, I started with target date funds too.
They make investing simple and take away the fear of not knowing what to pick. You don’t need to know everything to start. You just need to take the first step.
A low cost target date index fund builds a full portfolio for you and automatically adjusts as you get closer to your goal. I like the Fidelity Freedom Index 2055 Fund (FDEWX) with an expense ratio of 0.12 percent.
Target date funds may not be the best option forever, but they’re one of the best ways to begin.
If you would like to see more investment posts like this, make sure to save or comment so I continue to show up in your feed. Follow @thebudgetmom for more! | Posted on 04/Nov/2025 02:04:49
