35. Personal Finance Series: Retirement 101

30/08/2023 35 min
35. Personal Finance Series:  Retirement 101

Listen "35. Personal Finance Series: Retirement 101"

Episode Synopsis

Send us a textThis is the last episode in our very first personal finance series!In this episode we dive further into saving for retirement.  If you listened to Episode 33, you know what it will take to retire WHEN you want to retire.  You also know that 15% of your income should be going to retirement savings (or more if you are behind).  Now the question is, where do you START?  Where should you put that 15%?In this episode we discuss: What type of retirement accounts there are to choose fromWhat accounts you should pick first and whyHow to diversify your retirement savings account(s)What to do if you aren't getting a good rate of returnWhat type of things WE choose to invest in What account options are available for self-employed individualsWhat retirement accounts reduce your taxes NOWWhat is the difference between a traditional and ROTH IRAWhat investing basics are good to know as you begin investingWhat is a Backdoor Roth Steps to get started investing todayAs you can see, this episode is JAM PACKED with great information everyone needs to know about saving for retirement.  It's a quick and easy listen where you can learn a TON in 30 minutes on your commute to work!More on the BACKDOOR ROTH: Episode 23 https://podcasts.apple.com/us/podcast/what-your-cpa-wants-you-to-know/id1662233902?i=1000615115411 Support the showCreate a STAN Store - Click here to try it out!Here's where you can find us! Shop our business guides!Our Instagram PageOur family page

More episodes of the podcast What Your CPA Wants You to Know