4 Reasons to Fund a Roth IRA in 2023
Saving for retirement is something you should aim to do consistently. The more time you give your money to grow, the larger a nest egg you're likely to end up with.
Plus, you should plan on needing income outside of Social Security once your career wraps up. Those benefits will only replace about 40% of your pre-retirement wages if you're an average earner, and most seniors need a lot more income than that to live comfortably. (Also, Social Security benefit cuts could be coming, which means you'll especially need savings of your own to compensate.)
When it comes to building retirement savings, there are different plans you can choose from. But here's why it pays to focus on funding a Roth IRA in 2023.
Source Fool.com
