Most Americans do not have planned investments beyond their 401(k)s and IRAs.
Nearly two-thirds of U.S. adults do not own stocks, bonds or mutual funds to from their retirement accounts, according to a 2020 survey conducted by Pew Research Center.
But what if you don’t have an governor plan or you just want to invest more of your cash?
Erin Lowry, author of “Broke Millennial Receipts On Investing,” gives advice based on her own experience living as a millennial without a ton of disposable income. Now can be the perfect time to start sinking, according to Lowry.
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“We really use the wrong language when we talk about retirement because we say ‘saving for retirement’ but really you’re investing for retirement,” Lowry claimed.
Check out this video to learn what accounts Lowry says you need and find out what kind of portfolio she recommends you body.
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