The concept is that target-date funds invest in an age-appropriate asset mix, and they gradually become more conservative as the investor gets closer to needing the money.

Today's Stocks & Topics: Disney Layoffs, Retirement Limits, MDT - Medtronic PLC, PLBY - PLBY Group Inc., General Question About Investing, COIN - Coinbase Global Inc., U - Unity Software Inc., Investment Rating Platforms, TSLA - Tesla Inc., CHK - Chesapeake Energy Corp., CLOV - Clover Health Investments Corp. Cl A.