# Boot Camp #9 - 2 Funds for Life and Target-Date Funds Page: https://stenobird.com/podcast/sound-investing-342834/boot-camp-9-2-funds-for-life-and-target-date-funds Text version: https://stenobird.com/podcast/sound-investing-342834/boot-camp-9-2-funds-for-life-and-target-date-funds.md Podcast: [Sound Investing](https://stenobird.com/podcast/sound-investing-342834) Published: 2026-05-13T15:44:20+00:00 Episode link: https://podcasters.spotify.com/pod/show/sound-investing/episodes/Boot-Camp-9---2-Funds-for-Life-and-Target-Date-Funds-e3jae76 Audio file: https://anchor.fm/s/10bb8090/podcast/play/119928486/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-4-13%2F4be7f54c-fbd1-4009-b0a6-8c054ae7280b.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/sound-investing-342834/episodes/boot-camp-9-2-funds-for-life-and-target-date-funds Duration seconds: 4074 ## Resource 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. CHAPTERS 00:00 Intro 03:03 Target-Date Funds 07:00 Glide Paths 15:17 TDF Backtesting 19:55 TDF Weaknesses 26:20 "Easy" 2FFL 34:46 "Moderate" 2FFL 37:48 "Aggressive" 2FFL 41:00 Customizer 52:15 Calculator 61:07 Books 66:00 Outro LINKS: Wharton: Target Date Funds & Portfolio Choice in 401(k) Plans Morningstar: “2026 Target-Date Fund Landscape” Chris' Tables of 2 Funds for Life and Target Date Funds (PDF) ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/sound-investing-342834/episodes/boot-camp-9-2-funds-for-life-and-target-date-funds/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/sound-investing-342834/boot-camp-9-2-funds-for-life-and-target-date-funds.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.