<prompt> Human: Hello!So, as the title states, I opened a Traditional IRA with Fidelity and am unsure how best to allocate the money I deposited.Id like to retire asap but thats not realistic anytime soon...and this is my only retirement.I opened the IRA to lower my tax payment and am comfortable taking a risk if its reasonably well-calculated.Id really appreciate advice on this and am grateful for your time.Thanks!  <response>: What do you have for assets besides this IRA? Not to rain on your parade but if you are just now starting retirement at 43, you may struggle to think about early retirement. The target date fund suggested by usgent is a good call. Target Date funds are built to take risk early on and reinvest into safer holdings as you approach your retirement date. They are no-brainer single funds if you dont want to put to much research into it. If you are interested in managing on your own, I recommend starting with Bogleheads Lazy Portfolios In Bogleheads examples they are using Vanguard but Fidelity has comparable funds that do the same thing as the suggested Vanguard funds. What is your income level? If you want to retire before 69 12 you will need to begin saving significant amounts of your income for awhile. The good news is you still have enough time that if you work to 69 12 and are contributing regularly, you should have a nice retirement. 