From Yahoo Finance: 2025-05-02 10:37:00

Financial experts emphasize the importance of compound interest for retirement savings, stressing that time is crucial for growth. Many start planning for retirement late, but starting now is key. Utilize your employer’s 401(k) match to maximize savings. Consider traditional vs. Roth 401(k) options based on your tax situation. Individual retirement accounts (IRAs) offer tax benefits and diversification. Planning and starting early are crucial for a secure retirement.



Read more at Yahoo Finance: A 401(k), IRA, or something else? How to start investing for retirement