3 Easy Steps to Start your Retirement Account Today
Soon after graduating college in 2009, I found myself in a state of retirement savings paralysis. Entering the job market during the recession had me focused with building up easy-to-access emergency savings ahead of longer term goals. And, once I had job security, I was daunted by the choices to be made - 401(k) vs. Roth IRA? Target-date fund vs Index fund? Fear of making a less-than-perfect investment decision caused me to make a truly bad decision - delaying my retirement savings and losing money on three years of compound interest.
Starting your first retirement account shouldn’t be so paralyzing, here are 3 easy steps you can take today to get your savings on the right track.