Investing after being cleaned out
I used up my retirement through divorce, poor job market and poor decisions on my part. I’m in social security and working part time. I’d like to start building some funds to help in retirement. Do you recommend any starting investments? Thanks
Terry Says
If you’re just starting to recover, I recommend building some savings in the bank before starting any investment plans. However, if you are still working and have earned income, you can open a Roth Individual Retirement Account, where your savings will grow tax free.
But first you should have about $10,000 savings in the bank. Please write back ifyou have that much set aside, or when you do —
