The American Funds 2050 Target Date Retirement Fund - Class T (TDFYX) is a mutual fund that is designed to help investors reach their retirement goals by the year 2050. This fund is part of the American Funds family, which is known for its long-term investment approach and diverse portfolio options. As a target date fund, TDFYX automatically adjusts its asset allocation as the target date approaches, becoming more conservative as the investor gets closer to retirement. This Class T fund is specifically designed for investors who are looking for a low-cost option with a minimum initial investment of $250. Overall, TDFYX offers a convenient and efficient way for investors to plan for their retirement in the year 2050.