When it comes to retirement investing, financial companies want to make it as easy as possible for you to invest. But even though investments like target-date retirement funds handle everything automatically, are they really your best retirement investment option?

In the following segment from their video guide to investment planning, Motley Fool director of investment planning Dan Caplinger talks with Fool markets and investment planning bureau chief Mike Klesta about the pros and cons of simple versus complex retirement-investing approaches.

Dan notes that target-date funds, which are available from providers including Fidelity, Vanguard, T. Rowe Price (NASDAQ:TROW), and many other companies, make retirement investing easy. But they don't offer the ability to customize your portfolio. For those who'd rather have more control, Dan suggests that individual stocks and specialized exchange-traded funds can let you tailor your investing approach to your own needs -- and depending on your temperament, that might be your best solution in retirement.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.