re: Just opened my first Roth IRA, now what?

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Can I simply go into the fund on vangaurd's website and just, I guess for lack of a better word, change what kind of fund it is? Like change it from target date 20XX to something else? Or is it a complete overhaul where I have to sell out or shut down the existing fund then reinvest in a new one?

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You're going to have to sell your current fund, and select another one to buy.
It'll probably feel like you're doing something "wrong", but it'll be fine

It's not too involved.

EDIT: See below. You can exchange funds.