<prompt> Human: My wife and I are going to transfer our IRAs from Edward Jones to Vanguard soon. I was wondering if we should both get target date funds they would be the same target date or should I diversify our portfolio more? I want to consider us having one portfolio containing both of our retirement funds. Quick background: both late 20s. We have an emergency account. I am eligible for employers 401k next month. 6k in student loans. Thanks.  <response>: The whole point of the Target Date funds is diversification that changes the risk level as you get closer to the target date. See point 1: 