Hi all,
My dad just got a new job that pays well but they don't offer a 401k. He had one years ago, but unfortunately drained it all in a divorce with my mother. Since then, every job he has had has not offered a 401k (he is a skilled tradesman). I want to set him up with an IRA so he at least has something when he's unable to work any longer.
Questions:
Is Vanguard typically the best choice?
Can we make it so a portion of his paycheck goes into the IRA, similar to a 401k?
How do I make sure his portfolio is not as risky since he is older?
Thanks for the help!
Submitted August 24, 2018 at 09:52AM by kitship https://ift.tt/2OWUDPS
