Smart Investment Strategies
Maxing out a Roth 401k is recommended as the first step in smart investing, followed by a Roth IRA, and then an HSA. The discussion highlights the importance of taking advantage of employer matches and emphasizes the benefits of starting early in financial planning. With disciplined saving, young investors can set themselves up for significant future success.In this clip
From this podcast
The Ramsey Show
The Ramsey Show | October 18, 2024
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 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?