Chris and Paul explain what target-date funds are and do, and how to augment them with some small-cap value to get the broad diversification benefits of the other Sound Investing portfolios.

They describe several approaches and tools investors can use to determine what might be best for them.CHAPTERS00:00 Intro03:03 Target-Date Funds07:00 Glide Paths15:17 TDF Backtesting19:55 TDF Weaknesses26:20 "Easy" 2FFL34:46 "Moderate 2FFL37:48 "Aggressive" 2FFL41:00 Customizer52:15 Calculator61:07 Books 66:00 Outro LINKS:Wharton Target Date Funds & Portfolio Choice in 401(k) PlansMorningstar “2026 Target-Date Fund Landscape”Merriman 2 Funds for Life Fine Tuning Tables- Fine-Tuning Tables – 50/50 Portfolio Fine-Tuning Tables – 70/30 Portfolio Merriman Aggressive Target-Date Glide Path CalculatorMerriman 2 Funds for Life Calculator

Fine-Tuning Tables – 50/50 Portfolio (2025 Returns)

Fine-Tuning Tables – 70/30 Portfolio (2025 Returns)