On day 1 of working , max out your 401k , S&P 500 index low cost fund , any other money, also s&p 500; stay away from wealth managers. It’s not that they steal from you or will do a bad job, it’s just that their fees typically don’t make much sense and very rarely beat the market.
This right here. Started my Roth 401k wayyy late in life, but better late than never. Not making enough to comfortably max it yet unfortunately, but increasing it a little every year.
192
u/___NowYouKnow___ 13h ago
On day 1 of working , max out your 401k , S&P 500 index low cost fund , any other money, also s&p 500; stay away from wealth managers. It’s not that they steal from you or will do a bad job, it’s just that their fees typically don’t make much sense and very rarely beat the market.