Investing Without 401(k)
A listener seeks guidance on how to invest 15% of their income when their employer doesn't offer a 401(k). The conversation highlights the importance of maximizing a Roth IRA and explores alternative investment options to ensure a solid financial future. Key insights emphasize the need for strategic planning in the absence of traditional retirement accounts.In this clip
From this podcast
The Ramsey Show
The Ramsey Show (REPLAY)
Related Questions
If a person in their 20s doesn't have a 401(k) employer match and has already maxed out their Roth IRA investment, would Ramit Sethi recommend them to invest in an HSA, an individual investment account, or still contribute to a 401(k) even though there is no employer match?
If a person in their 20s doesn't have a 401(k) employer and has already maxed out their Roth IRA investment, would Ramit Sethi recommend them to invest in an HSA or should they invest in an individual investment account instead?
If I've reached my 401(k) yearly maximum and don't qualify for an IRA deduction, what's the next best place to invest money?