I don’t think there is an earlier option for less money anymore but could be wrong.

  • EatYouWell@lemmy.world
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    1 year ago

    Start an IRA and put a few bucks a month in to buy shares of a mutual fund. Every penny you can invest in retirement will pay off when you do retire, and the sooner you can start, the better.

    • Anamnesis@lemmy.world
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      1 year ago

      No average year of IRA return is guaranteed to beat the 6.8% interest or more that a lot of us are paying on student loans debt.

      • EatYouWell@lemmy.world
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        1 year ago

        Over the lifetime of the investment account, it should outperform the interest you’re paying. You don’t want to track your retirement investments from year to year since the market constantly fluctuates, but it’ll still trend up 6-9%.