MoneyUnder30.com

5 “Robo Advisors” That Are Forever Changing How We Invest

Some six decades go, a rash of kitschy sci-fi films depicted robots taking over the world. But no one suspected it might come true in a civilized way. At least that’s what seems to be happening in the investment world with so-called r … [Read more...]

Could An Annuity Belong In Your 401(k) Or IRA? Proceed Carefully

Annuities are complicated financial products that can be overhyped and oversold by commission-hungry sales reps. And until recently, young people had no reason to ever consider annuities. But a new law that allows you to invest in annuities as part … [Read more...]

How Much Should Be In Your 401(k) At 30?

What should your contribute to your 401(k)? How much should you have invested for retirement at 30, 40, 50, etc? These are good questions. Here, I try to answer them, but I should warn you: Personal finance is PERSONAL! The more you can c … [Read more...]

How To Open Your First IRA

Unfortunately, most of us in our 20s and 30s can't rely on the government or a fixed pension to provide financial security when we grow older. As a result, we face a sobering choice: Save -- often and early so you can one day stop working … [Read more...]

23 Things Beginners Absolutely Must Know About Saving For Retirement

If you're reading this, good for you. It means that you're at least willing to admit that you should get around to doing something about saving for retirement. Ugh. I know. There's nothing fun about this. Saving hurts, for one. And retirement … [Read more...]

The Roth IRA: What It Is, How It Works, And Why You (Definitely) Need One

Ready to start investing on your own? Then a Roth IRA is the first place to look. Jump to: Roth IRA Contribution Limits Roth IRA Income Limits Before I took a job at SmartMoney Magazine, terms like 401(k), Traditional IRA, and Roth IRA … [Read more...]

How Much Do I Need to Retire?

Investing for your future is a theme that's been beaten into your head so much at this point that you may not even think about it anymore. You have a 401(k), a Roth IRA and even a small brokerage account you play around with. You make monthly … [Read more...]

How Investing Just $50 a Month can Kick-start Your Retirement

The story of the tortoise and the hare is particularly applicable as an investment metaphor. Instead of trying to time the market and buying stocks that could either make you a fortune or lose you everything, a far more lucrative option is just to … [Read more...]

Should I Contribute More to My 401k?

One of the most common questions we get asked by budding investors is how much they should contribute to their 401k plan; more specifically, should they be contributing more? For most, the 401k is going to be a first introduction into retirement … [Read more...]

How To Go From $0 to $1 Million In Savings On $30,000 A Year

Ah, retirement. If you're square in the crosshairs of our Money Under 30  demographic, then "Money After 65" is all you can think about, right? We didn't think so. But the facts are beyond dispute for anyone who wants to accumulate wealth over … [Read more...]