“Hey Dad, how do I save for retirement if my employer doesn’t offer a 401k?”
Without having the option of an employer sponsored retirement plan, you can contribute to a Traditional Individual Retirement Account (IRA) and/or a Roth Individual Retirement Account (Roth IRA), which are both “similar” in nature to the 401k. The IRA and Roth IRA can be opened at most banks or at a brokerage firm like Fidelity Investments.
“Hey Dad, should I put money in the HSA at work?”
This blog identifies the benefits and the importance of investing in a Health Savings Account (HSA). It shares a strategy for covering Medicare costs in your retirement.
“Hey Dad, do you know how much money you’ve earned over your lifetime?”
Find out how much money you have earned over your lifetime, according to the Social Security Administration. Know what to expect when you decide to start taking social security.
“Hey Dad, can I become a millionaire working at my job?
This blog identifies the steps necessary to become a 401k millionaire. It stresses the importance of knowing what you’re invested in and continuing to invest regardless of what’s going on in the market. “Time in the market beats timing the market”.