Retiring early or at the average age in the US is about everyone’s goal and there are quite a few different accounts that could be best for you to open to capitalize on your retirement goals. If you are in your 20’s or 30’s and want to retire at 50, you may look at one account type, while if you are 30 and want to retire at 65, you may look at another account. The ultimate goal is to find the best account or accounts to meet your financial goals. Some investment accounts will have penalties if you withdraw to early and others have taxes anytime your money goes up and you make a sale. This video breaks down general investment accounts to help you make an informative decision on what is best for you.
Backdoor Roth IRA: https://www.youtube.com/watch?v=gAQTbkbuWpU
Traditional IRA (Not Tax Deferred): https://youtu.be/9hOmTsfIHE0
*This video is intended solely for education and is not financial or tax advice*
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