Although I can support myself, I’m nowhere near “rich,” and I had never thought of that as necessarily being a goal until Slate told me I had two more years to set up the foundation for wealth and a decade after that to ensure it happens.
Christmas time is here.
Why you need to know this: If you ever leave your job, you need to figure out what to do with your 401(k).
Why you need to know this: Because you should know what stocks, bonds, and mutual funds are so you can make the right investments and be a rich old person.
Why you need to know this: A Roth IRA is the retirement account financial planners say all young people should have.