When it comes to putting money away for retirement, there are always a lot of questions. How much will I need to live comfortably (or simply to pay the bills)? How much do I need to invest each year to achieve my target balance? Where do I invest the money? For most people, the first …
Tag Archive: Roth
Apr 19
How To Open An IRA On A Shoestring Budget
A friend of mine recently asked me about how to get started with opening an IRA since his employer doesn’t offer a 401k. The tricky part of his situation, though, is that he is making minimum wage and said he can only set aside $500 a year. First, I’d like to applaud his efforts to …



