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Saving for retirement can be confusing - that's why Target Date Funds were invented. But what are target date funds? How do they work? Why should you invest in a Target Date Fund for your retirement rather than a regular Index Fund? In this video, a Certified Financial Planner (CFP) explains what Target Date Funds are, how they work, the difference between Target Date Funds and Index Funds, and what to look for in a Target Date Fund! Learn more about guest expert, Sarah Paulson of Valkyrie Financial: https://valkyriefinance.com/ Get in touch with Sarah: https://valkyriefinance.com/contact/ How do you build and sustain wealth over time ? Take Sarah's quiz here: https://measure.datapoints.com/survey... ⭐ DOWNLOAD MY STUDENT LOAN CHEAT SHEET THAT GOES OVER 13 DIFFERENT FEDERAL STUDENT LOAN FORGIVENESS PROGRAMS ⭐ Get the Cheat Sheet here - - - https://www.msmoodymoney.com/hello Get the 1-MINUTE MONEY MOVES checklist that will help you save more, stress less, and get control https://www.msmoodymoney.com/checklist FILL UP ON GOOD KARMA BY GIVING THIS VIDEO A "LIKE"! Thank you from the bottom of my (ever-growing) Grinch-y heart. Ms. Moody - former librarian, current financial feminist, and money educator. Join the club to chat moolah with like-minded women - Scrimpin' Ain't Easy, just like the library, we're talking stacks on stacks on stacks. www.facebook.com/msmoodymoney/groups/scrimpin Wanna read a good money book for beginners? "The Index Card" by Helaine Olen and Harold Pollack Get it from your public library: http://www.worldcat.org/oclc/928750850 Get it from Amazon: https://amzn.to/2Lm1iHv (To keep my videos free, this is an affiliate link meaning I may receive a portion of the purchase price - thank you for supporting this work!) -Get it from a local bookstore: https://www.indiebound.org/book/97801 ...Looking for a book a bit more advanced? "Dumb Things Smart People Do With Their Money" by Jill Schlesinger: Get it at your local public library: http://www.worldcat.org/oclc/1140204982 Get it from Amazon: https://amzn.to/2La9VUN (To keep my videos free, this is an affiliate link meaning I may receive a portion of the purchase price - thank you for supporting this work!) Get it from a local bookstore: https://www.indiebound.org/book/97805 Thanks for watching! Heads up: All the content is for educational purposes only. Ms. Moody is not a licensed financial advisor; she’s a librarian, money nerd, and educator. As personal finance is personal, to find out what is best for you, consult a financial professional. Users are solely responsible for any actions they take. This video is protected under US Copyright law. If you would like to reuse any of it for your own work, you must have explicit permission from the creator (Ms. Moody). Please contact me for permission before using any part of the video.