Posted 10/13/2021 20:51 (#9267610 - in reply to #9267191) Subject: RE: Where does a young guy start investing money?
East of Broken Bow
Look deeper into the details of the 401K. Where my wife works, after you've been enrolled for 5 years, your investment becomes 'yours', and you can roll it into any approved retirement plan, even a Roth, without losing the employer matching funds. Basically in year 6 she was able to roll over her first year's investment, and in year 7, her 2nd year, etc.
I really like that, because it gets her money out of the single company stock she works for, and into whatever investment(s) she wants.