21
I used to think a 401k was too complicated, then I saw my friend's account after 10 years
I just threw $50 a paycheck into a target date fund for 5 years, and it's already grown more than my old savings account ever did. How did you finally start saving for later?
3 comments
Log in to join the discussion
Log In3 Comments
robins831mo ago
Wait, you only put in $50 a paycheck? That's barely anything.
8
kimmurphy1mo ago
Target date funds are actually a great way to start.
6
diana5121mo ago
Yeah, I saw a piece on those funds last week. The big thing they kept saying was how it handles the hard stuff for you, like picking where to put your money. It just gets more careful as you get closer to when you need it. Takes the stress out of trying to time the market yourself. Honestly, for someone just starting, that's a huge win.
1