Welcome to the Jill on Money podcast.

It's Tuesday, July 6th, and it's all you all week long.

Today we are talking to Susan from Chicago.

And before we get to Susan, we just want to remind you, you can send us a message.

Even when we're on vacation, I promise, we'll get it.

And if you want to come on the air,

just let us know Mark does all the hard work. So let's talk to Susan from Chicago about her

target date fund question. Well, thanks for taking my call, Jill. I really appreciate it,

and I'm a big fan of the podcast. Oh, thanks so much. So I had a question around target date funds. So I've been looking

at my 401k plan, and just to keep it simple, I was thinking of doing a target date, so it'll

automatically adjust over time. But I wasn't sure what date to target, because I don't really know

when I'm going to retire. So I wanted to get your thoughts

and advice on how to handle that. Okay, great. So tell us a little bit about yourself. So I am 36.

I am single, no kids, at least not any human ones that I have to pay for college for. And I make

around 120K a year. Have you already started contributing to your

retirement account? Yes, I have about 100,000 in my 401k right now. And is your plan currently

that you would take that 100 grand and pop it all into a target date fund? That's what I'm thinking.

I've some of it in a target date fund now and then I have some of it in a few other funds, just because when I started the plan, I didn't have the target date funds available. So I have like a stock index and a bond fund, and the plan has some tools to help you determine what to pick based on your age and risk level and all that so I use those

tools a while back.

Just reassessing it and trying to figure out what I should do going forward.

Okay, very interesting.

What is the fund company that is the stock index fund that you own right now?

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