Love The Hustle Blog

Investing for Retirement – Where to Begin

I investing for retirement with my 401(k), but I want to do more. What else can I do to make sure my assets are best positioned to work for me?

Knowing that you want to get the most from your money is an excellent starting point. Here are next steps to consider:

  • Open a Roth IRA.

If you qualify, a Roth IRA is an excellent way to invest for retirement. With a Roth IRA, qualified distributions are tax-free. And, you will typically have access to a wider range of investment opportunities with a Roth IRA than with a 401(k), where your employer pre-selects a few choices.

  • Open an investment account.

There is no such thing as a one-size-fits-all investment strategy, which is why customization is a core pillar of LexION Capital’s approach. However, investing in a well-diversified global portfolio of stocks, bonds, and commodities means that your hard-earned wealth is set up to work just as hard for you. An independent, fiduciary wealth manager can help you create a strategy that is specifically tailored to your financial goals.