What Is a Target-Date Fund? Best 2026 Guide

Bar chart showing a target-date fund's asset-weighted average expense ratio falling from 1.23% in 2008 to 0.64% in 2025

If choosing investments feels like the part of retirement saving you keep putting off, a target-date fund is built to be the one decision that replaces all the others — you pick a single fund named for the year you plan to retire, and everything else it holds and how it shifts over time is … Read more