Will Saving in an IRA Alone Shortchange You in Retirement?

·3 min read
Will Saving in an IRA Alone Shortchange You in Retirement?

The good news is that if you don't have a 401(k) available for retirement savings purposes, you can always put your money into an IRA instead. For one thing, they allow you to invest your retirement savings in individual stocks, whereas with a 401(k), you can generally only buy funds. When we compare these limits to what 401(k)s offer, it's easy to see why an IRA might seem like a second-tier choice.

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