Agreed, but it's also all relative and the lesser of many evils.

Our target date funds absolutely cost more than the pure index funds, but they are still far less expensive than traditional managed mutual funds or paying an outside advisor to do the same thing for you on TOP of the fund expenses.

Like you, I assume, I also manage my own investments and probably for the same reasons.

If I did not, however, the target date funds would be a far better choice than paying for active management. But yet we have pilots tripping over themselves to pay outside advisors big bucks to do something that is actually pretty simple.