Here's Where I'm Putting My Retirement Savings First in 2025
There's a lot of advice out there about how you can earn extra money to put toward retirement saving, and that's definitely important. Without adequate savings, retirement can be stressful. But earmarking money for retirement is only the first in a series of strategic moves you have to make if you want to live comfortably after quitting the workforce.You also have to decide where you're going to put that money so you can maximize your gains and minimize your taxes. The right strategy looks different for everyone, but I know where I'm putting my savings first this year -- and it could be the right choice for you, too.Image source: Getty Images.Continue reading
There's a lot of advice out there about how you can earn extra money to put toward retirement saving, and that's definitely important. Without adequate savings, retirement can be stressful. But earmarking money for retirement is only the first in a series of strategic moves you have to make if you want to live comfortably after quitting the workforce.
You also have to decide where you're going to put that money so you can maximize your gains and minimize your taxes. The right strategy looks different for everyone, but I know where I'm putting my savings first this year -- and it could be the right choice for you, too.
Image source: Getty Images.
