Hi all, I am a newbie. I’m 30 years old, I don’t have savings beyond an emergency fund, I’m still paying off student loans, snd I have maybe $15k in my employers Roth. I am not sure if I will stay at my company organization forever or that’s even a possibility given today’s work environment.
How do I start saving for retirement? I’ve been hearing good things about having an S&P 500 index fund for that.
So far my plan is to have all of our joint debt, (except the mortgage) paid off by age 35. Then after that start saving more (what I had thrown towards debts) towards retirement from age 35-55. I am thinking like $2-3k a month..
My questions are: 1. What can I do Now to get started saving for retirement? 2. How do I start an S&P 500 index fund or tell me about it? 3. Any other things or resources for me to look into?
Thanks for reading, looking forward to learning from you all.
Submitted January 17, 2021 at 01:08AM by ayudamesa https://ift.tt/3qq9HbE
