The Unfortunate Truth About Saving for Retirement in an IRA
Retiring on Social Security alone is a seriously bad idea. With the average retired worker today only getting about $23,000 in annual benefits, it's just not enough money to live on -- or at least not comfortably.
That's why it's so important to save for retirement on your own. And to that end, you have choices.
If your employer offers a 401(k) plan, you may be inclined to sign up. But 401(k)s can seriously limit your investment choices. And if your company doesn't provide one -- well, you're out of luck.
Source Fool.com
