Hello everyone! I am a 24 yo female, graduated from college in May 2017 trying to get back on my feet financially. I got my degree in film and straight out of college moved to a city known for its film work. I stayed there for a year and then moved back home because indie filmmakers are a bunch of broke people trying to get services for free (I'm over generalizing), so I didn't make enough money to afford rent.
I moved back home in September and am now working 2 jobs. Since my move, I have opened a savings account and increased the amount I pay towards my car per month in the hopes to pay it off maybe a year sooner.
So now to my real question in regards to retirement planning; what type of account would be best for me to open now to plan for my retirement? I plan on returning to film work, where people can stay broke (like I did for a year) or they can make well over $100k a year. I want to join the union in ~2 years, in which case I will be offered retirement plans, and even farther down the road I want to be a professor. But since filmwork is a finicky business, I figure it wouldn't hurt to start an account of some sort now, while I'm leading a fairly stable life.
The tiny bit of research I did led me to believe a Roth IRA would be best, but when I went to my bank ready to open the account, the manager freaked me out by asking me if I was doing this for tax reasons (what?), maybe this isn't really what I want (why WOULDN'T a 24 yo want to plan for their future?), why don't you open a savings (because I have a savings)?
So I left my bank without opening my new account.
Anyway, any advice would be most helpful! Thank you for reading through all of this :)
Submitted February 12, 2019 at 10:47PM by SJtheNERD http://bit.ly/2tl2r5u
