There are several options for where to save your money for retirement. Here are some suggestions from financial experts: Roth IRA: While you can't withdraw your earnings from a Roth until age 59, you can withdraw your contributions. If you contribute $6,000 to your Roth each year from age 20 to 45, your total contributions would be $150,000. But if you earned an 8% annual return, your Roth would be worth nearly $440,000 when you hit early retirement . Taxable brokerage account: If you plan to retire five or more years before age 59, your next best place to put retirement money away may be a taxable brokerage account. You'll have to pay taxes on your contributions and growth, but you'll be able to use the money at any time without penalty. Plus, in most years, you'll get a much better return for your money than in a savings account or CD . Need save money for Freedom High-yield savings accounts: While some of your money should be in the st...
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