I’m 24 and projected to make around 80k before taxes. I have no debt and pay around 1200 a month for rent and utilities. I live a pretty inexpensive life right now. I have a Roth IRA that I am contributing to monthly. I am also planning on getting a SEP IRA soon so I can reduce my taxes. I have a mutual funds account that I occasionally add funds to as well.
I don’t know whether I should primarily add funds to one IRA or just keep adding funds to both. Any advise for how much I should add to each IRA each year would be very helpful.
Also any advice on other ways I should be investing other than my mutual funds would be great.
Submitted December 25, 2019 at 05:29PM by ndeames https://ift.tt/35YJI10
