I concur on this one. Open a Roth IRA and put it towards an S&P 500 mutual fund with low fees. I use Schwab because it’s free to open an account and deposit money.
Strategy wise it’s good to mention that you approach this as a savings thing so you deposit, say, monthly. That way you compound your interest and that can really ramp up quickly.
I concur on this one. Open a Roth IRA and put it towards an S&P 500 mutual fund with low fees. I use Schwab because it’s free to open an account and deposit money.
Strategy wise it’s good to mention that you approach this as a savings thing so you deposit, say, monthly. That way you compound your interest and that can really ramp up quickly.
Yeah, totally agree. I’d say take some percent of your paycheck and put it towards this.