In a New York Times article last month, Daniel Leonhart explored how so many Americans could afford not to work. And his answer?
Jean Ralphio says it best:
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I Wanna Roth™: How setting up your Roth IRA is like rocking out at a concert
I know this sounds crazy, but hear me out.
When you go to a rock concert, there’s a logical progression to the show that ensures everything runs smoothly and you have an awesome time: a sound check, opener, headliner, and an encore (assuming it’s a good band). Opening a Roth IRA and investing is no different. If you follow the same progression that you go through every time you see a concert, you’ll be Ready to Roth in no time.
[Read more…] about I Wanna Roth™: How setting up your Roth IRA is like rocking out at a concertVanguard: How to Open a Roth IRA and start investing ASAP
In this article, I’ll walk you through how to open a Roth IRA account and start investing at Vanguard using the following steps:
- Open and fund your account
- Choose your Target Date Fund
- Set up Automatic investments