How To Money
Retirement Investing is Simpler than You Think #009
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:46:35
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Sinopse
Investing for your retirement is way simpler and easier than you think- and I'm going to prove it. Do these 2 things and you'll be a millionaire by the time you retire (I'm not even exaggerating one bit!):1. Open your retirement accounts:401k – If your employer offers a retirement plan like a 401k, especially with a match, start contributing immediately!!! Since a ton of employers offer a 50% match, you won't be able to find a better return on your investment anywhere. At the very least contribute up to your employer match, or you can really get after it and fully fund it at $18,500.IRA – Next thing to consider is opening an IRA (individual retirement account), specifically a ROTH IRA given the recent changes in tax law. This is not an employer offered retirement plan, so anyone can open one of these accounts. It's as easy as opening a savings account online, no joke. The only downside to the IRA is that your contributions are limited at $5,500 per year (but don't forget you can open a spousal IRA too, so $11