What Your CPA Wants You to Know

35. Personal Finance Series: Retirement 101


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This is the last episode in our very first personal finance series!

In this episode we dive further into saving for retirement.  If you listened to Episode 33, you know what it will take to retire WHEN you want to retire.  You also know that 15% of your income should be going to retirement savings (or more if you are behind).  Now the question is, where do you START?  Where should you put that 15%?

In this episode we discuss:

What type of retirement accounts there are to choose from
What accounts you should pick first and why
How to diversify your retirement savings account(s)
What to do if you aren't getting a good rate of return
What type of things WE choose to invest in
What account options are available for self-employed individuals
What retirement accounts reduce your taxes NOW
What is the difference between a traditional and ROTH IRA
What investing basics are good to know as you begin investing
What is a Backdoor Roth
Steps to get started investing today

As you can see, this episode is JAM PACKED with great information everyone needs to know about saving for retirement.  It's a quick and easy listen where you can learn a TON in 30 minutes on your commute to work!

More on the BACKDOOR ROTH: Episode 23 https://podcasts.apple.com/us/podcast/what-your-cpa-wants-you-to-know/id1662233902?i=1000615115411 



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What Your CPA Wants You to KnowBy Carson Sands, CPA & Teran Sands, MBA.

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