A hierarchy for retirement savings
If you have a fixed sum of money to invest every month or every year, which investment account type gives you the biggest bang for your buck? There are no one-size-fits-all answers, but this framework for retirement savings is a good starting point. 1. Why: To take advantage of free money. 2. Deprioritize if: Your 401(k) offers no matching contributions. In that case, proceed directly to No. 2. Even a lackluster match—say, […]