<prompt> Human: My wife just got a great promotion and bonus at work. With the bonus and some excess savings we want to each open and Max outdeposit the 5,500 into Roth IRAs. If we want to keep things simple is something like a Vanguard 2055 Fund a smart decision? We were born in 199091, hence the year 2055.  <response>: Yes, target date funds are a good way to keep your investing simple. 