What is an IRA? At what age do we need to start becoming familiar with the term?
It’s our first day of class, welcome to Finance 101 on the Decision Day Podcast! These bonus episodes will provide you with basic financial knowledge and terminology to help prepare you for life after high school.
Honestly... we believe it's smart to open an Individual Retirement Account as soon as possible so you can start accumulating wealth to access when you're retired! (basically, the sooner the better.)
In this episode my grandpa and I discuss:
- How/When to open an IRA
- The differences between Traditional and Roth IRAs
- How to manage your money once it's in an IRA
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Send us more money topics/questions that you'd like to understand further! Reach out to decisiondaypodcast@gmail.com or @decisiondaypodcast
For more: LeahLeverich.com
Thank you for listening! I can't wait to share a new perspective with you in the next episode.