Roth IRA vs. Traditional IRA vs. 401k, Which Account Should You Use to Save for Retirement?

by | Oct 1, 2022 | Traditional IRA | 2 comments

Roth IRA vs. Traditional IRA vs. 401k, Which Account Should You Use to Save for Retirement?




Deciding which account to use to save for retirement doesn’t have to be difficult. Get some information, make a decision, and move on to more exciting things in life.

Breakdown of how much you can save by contributing to a Traditional IRA:

Vanguard target date fund info:

You don’t have to have a Vanguard account in order to buy a Vanguard fund. Typically you can buy them at any firm. I am not associated with Vanguard, just showing you a low-cost option.

S&P 500 index funds:

Robo Advisors with no minimum:

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LEARN MORE ABOUT: IRA Accounts

INVESTING IN A GOLD IRA: Gold IRA Account

INVESTING IN A SILVER IRA: Silver IRA Account

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2 Comments

  1. Chris Invests

    I'm not a financial planner but I started my channel to help people understand money. It's nice to get info straight from someone like you! Liked and subscribed 🙂

  2. Carlos Gomez

    Lots of REALLY good info here. I didn't know that it's $6,000 for both IRA's AND how much that reduces your tax burden for the year

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