SET UP FOR RETIREMENT

Retirement is an important investment you should be doing. This buildup of cash will help you live comfortably in the later years of life when you no longer want to work. It should be a priority and a must.

Ways to Start Saving for Retirement

⬜ The easiest way to set up a retirement account is with your employer. A lot of companies even match your money! That is free money! You should take complete advantage of this.

⬜ If you are self-employed or if your employer doesn’t offer a 401k plan, then your next bet is setting up a Roth IRA with a brokerage. Roth IRA stands for Roth Independent Retirement Account. This is an account that acts similar to a 401k plan. You are able to save for retirement and you can only access the money when you retire.

Other Resources

How to Retire Early With Minimalism

Retirement Planning: How to Plan for a Successful Retirement

7 Things You Can Do Today to Prepare for Retirement

 

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