<prompt> Human: Hey guys! Im usually a lurker here browsing for info on how to better my finances and thanks to you guys Ive done a lot but my parents are not the same. My parents 50s make roughly 50-60kyear and have absolutely nothing saved. I finally got them to agree to save some money 300-500month for when theyre older theyve accepted that theyll never retire, but I want to make sure that they make the most with the money theyre saving rather than leaving it in a bank account. What should I do to make sure that they can get the most out of what theyre saving?  <response>: IRA. Target Date fund. Keep it simple. 