Ryan Francis
Ryan Francis
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Those big gains will come with time.
And eventually...your money will be working harder than you ever could!
-Ryan
7Don’t forget to take your employer match (if you have one) first before investing in a Roth IRA!
This is a very proven plan. The S&P 500 has historically returned 10% and almost 12% in the last 30 years.
Now if you want to get there sooner and if you want more money, you need to invest more. (I highly recommend you invest more if you can).
You can also do the same thing, but substitute the S&P 500 index fund with a target date fund if you want.
If you are going to do a target date fund, I recommend doing Vanguard target-date funds. They have the best target-date funds out there.
And I would make sure your Roth IRA is also at Vanguard if you’re going to do a Vanguard Target date fund. If it’s not, you’ll have to pay a transaction fee every time you invest, which is not a good idea.
Both are good options. We will break it down further and discuss it more in other posts.
The biggest key here is actually investing.
-Ryan
7
Stick with it! Keep building.
Those big gains will come with time.
And eventually...your money will be working harder than you ever could!
-Ryan
2 years ago
This is the EASIEST way to become a millionaire and I remind you all every single week on my story!
Don’t forget to take your employer match (if you have one) first before investing in a Roth IRA!
This is a very proven plan. The S&P 500 has historically returned 10% and almost 12% in the last 30 years.
Now if you want to get there sooner and if you want more money, you need to invest more. (I highly recommend you invest more if you can).
You can also do the same thing, but substitute the S&P 500 index fund with a target date fund if you want.
If you are going to do a target date fund, I recommend doing Vanguard target-date funds. They have the best target-date funds out there.
And I would make sure your Roth IRA is also at Vanguard if you’re going to do a Vanguard Target date fund. If it’s not, you’ll have to pay a transaction fee every time you invest, which is not a good idea.
Both are good options. We will break it down further and discuss it more in other posts.
The biggest key here is actually investing.
-Ryan
2 years ago