On The Money: Retirement Tips for Millennials and Roth IRAs
On this episode of "On the Money" we discuss retirement saving tips for millennials and explain Roth IRAs.
Recent Market Swings; The Economy, and Increasing Life Expectancies (0:01 – 13:47)
Retirement Savings Tips for Millennials (13:48 – 37:29)
The Importance of Saving Early and Compounding (14:32)
The Importance of Investing in Stocks (22:01)
Tax-Advantaged Retirement Accounts (25:15)
Buy and Hold (27:28)
Keep Investment Costs Low (33:27)
What is a Roth IRA? (37:30 – 50:20)
Roth vs. Traditional IRA (38:35)
How Much Can I contribute to a Roth IRA? (39:59)
Roth IRA Income Limitations (40:24)
When Can I Contribute to a Roth IRA? (41:34)
Roth IRA Withdrawal Rules (42:22)
Strategies for using Roth IRAs (45:57)
Read more: https://www.ruediwealth.com/on-the-mo...
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Ruedi Wealth Management is a family-owned wealth management firm that strives to help our clients achieve their retirement goals.
Learn more about our financial and retirement planning services: www.ruediwealth.com
Ruedi Wealth Management has two locations:
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(217) 356-1400
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(972) 532-7833