Once you've contributed all you can to your employer-driven retirement accounts, consider other outside accounts, such as traditional and Roth IRAs (individual retirement accounts). Work with a financial planner to figure out which one is best for you. If you're already married and there's an income gap between spouses, there are ways for one spouse to help fund the retirement account of the other. Take a look at whether a spousal IRA is an option for your family.
57
324 reads
CURATED FROM
IDEAS CURATED BY
An important read on saving and investing for retirement, no matter what your age.
“
The idea is part of this collection:
Learn more about moneyandinvestments with this collection
The differences between Web 2.0 and Web 3.0
The future of the internet
Understanding the potential of Web 3.0
Related collections
Similar ideas to Step 2: Look Into IRAs
Once you've chosen an index, you can generally find at least one index fund that tracks it. For popular indexes like the S&P 500, you might have a dozen or more choices all tracking the same index.
If you have more than one index fund option for your chosen index, you'll want to ask...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates