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Retirement planning can be stressful and feel never-ending – kind of like 2020! But, it’s important to break through the jargon and confusion and increase your financial knowledge. To help, this Money Hacks episode answers a common question – “should I save in my 401(k) or a Roth IRA?” Before pressing play, it’s a good exercise to review your current financial situation such as your monthly spending, retirement savings, and other major milestones. Check our Hierarchy of Financial Needs, as I mention in the video, as your linear road map to financial success and independence.
Any money questions you’d like answered? Our Money Hacks series is created from conversations we have with employees, investors, savers, and all people planning for their financial futures. What topics are on your mind for our next episode? Email us here!