<prompt> Human: Hello. I just put 500 in my Roth IRA account, and Im trying to buy some funds with it. I read the wiki on this sub, it says to pick the Fidelity Freedom Index Fund but I cannot find them in the Mutual Fund Evaluator if I type into the search bar, it comes up, but it takes me to the fund page, not in the evaluator where I can evaluate different funds side by side. So I clicked into a random fund in the evaluator, and I have no idea how to determine if it is a good fund to buy. The graphs and numbers and the dates and the growth ERD are giving me a headache.I guess the question is, what should I look for to determine that it is a good fund to buy? how much should I spend? what kind of fund should I pick??? Should I put more money into my IRA???If it helps, I have 10k ish in savings, I bring home about 4-5k a month after tax. I spend probably around 1.5k of it on rent food entertainment gas... etc., everything else go straight to my Ally Savings.Please help. Thank you!  <response>: If you bring home 4-5kmonth post tax and only spend 1.5k on rentfoodgasentertainment combined, something doesnt add up as you should have much more in your savings - unless you are straight out of school, just started this job or just paid off all of your debt.x200B;With 2.5-3.5k left over per month, you are going to be very well off in the future. Assuming you dont have any debt: Short term: Put enough money in your 401k to match what your company is giving you. Put 5,000 more into your Roth IRA this year and another 5,500 next year after you build up an emergency fund. Put more into your 401k to get as close to 18,500year as possible. Build up enough savings in Ally for an emergency fund. Save enough for short term spending goals down payment on a house, car purchase, etc..x200B;Long term: Consider opening a taxable brokerage account.x200B;If you are feeling overwhelmedconfused as to what to do, put it in a target date fund for now. Theyre very diversified and can be used with a set and forget approach. If you want to do a little more research, look into a 3-fund portfolio once you get your 401k started and more money into your IRA. 