<prompt> Human: About me:Im almost 21October and live with my mom while going to school and working. I typically earn between 500 and 800 bi-weekly and just paid off some CC debt and am going to have 1000 saved up by my next paycheck which is where my investment question comes up.I did a little research on Vanguards target retirement funds and they need a minimum 1000 investment. My original plan was to invest in these TRFs as close to the 5500 Roth IRA limit as possible, but I wasnt sure if I should save up 3000 dollars and invest in some index fund accounts to possibly have a higher yield. Is it financially wise to contribute all my investments to a TRF account at my age or should I be using my investment money more wisely?Other info:I am Emergency relief at my current job and therefore do not receive retirement plan benefits. Thank you for any advice, it is much appreciated! Edit: Thanks for the advice everyone! I guess I was on the right track and all of your advice further solidified my decision.  <response>: Target date funds are fine for you. 