As a Certified Financial Planner®, one of the most common questions I get asked is how I save for my own retirement. I won't get into the actual stocks and funds I own in this article, but I will say that my preferred retirement savings vehicle is an individual retirement account (IRA), as opposed to a 401(k). Here's why.

Without question, the No. 1 reason I prefer an IRA to a 401(k) as a retirement savings vehicle is the investment flexibility. When you enroll in an employer's 401(k) plan, you're generally given a "menu" of investment funds to choose from -- usually a few dozen at most.

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Source Fool.com