Thread: Advice needed
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Old 02-13-2010, 05:10 PM
dczech09 dczech09 is offline
$ Saving HS Senior
 
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Location: Appleton, WI
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Look at T Rowe Price for the Roth IRA. I just started one with them and the nice thing is you can put your money into one of their retirement funds for as little as $50 a month through an automatic asset builder. I am in their Retirement 2055 and automatically put $100 per month. I will probably increase the stake.

Another nice thing about T Rowe is that you have the option of investing your retirement money in diverse mutual funds, ETFs, and indexes at a low cost. I will take advantage of that when I have a lot more money and can benefit from economies of scale.

I suggest you do something similar. It looks like you're doing great with the savings and everything. Also, see if their are opportunities to cut costs; use the savings as part of your IRA investment.
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