In this podcast episode, TJ van Gerven discusses target date funds and their practicality for investors, particularly those who are just starting out. Target date funds are mutual funds designed for retirement investing with a specific future date in mind. The fund's asset allocation is adjusted over time to align with the target date, starting with a more aggressive investment strategy and gradually shifting towards a more conservative allocation. Target date funds offer a convenient one-stop solution for investors, with low expense ratios and exposure to international companies. While some argue they can be slightly more expensive compared to basic index funds, the difference is generally negligible.