I am 28 (will be 29 in May) and I have yet to put any money into my IRA. I own a home with my wife. We have a 15 month old baby boy. I am a tile setter by trade, own my own business, and I make around 30-40k a year (this past year is an exception because my son was born and I took quite a bit of time off to be with my wife and newborn.
I’m not sure if this is a realistic question to ask, but how much should I be putting into my IRA monthly? We are quite comfortable with what we spend and save at the moment, although we have been more calculated in the past.
I want to save enough to have SOMETHING when I retire. My wife’s company matches her 401k generously, but as an independent contractor and business owner I am reliant on my own IRA.
Any advice is sincerely appreciated. Thanks 🙏🏻
Submitted March 19, 2018 at 08:08AM by Mdeezy89 http://ift.tt/2FUjPCB
