How do teach a minor about saving for retirement? Start by helping them establish their own retirement account, called a custodial IRA. You will be able to manage the investments until your child is able to take control of it. Establishing good financial behavior at a young age can jumpstart your kids on the path to financial independence!
Refocus in 2021!
Control over the ability to save, Control over our spending, We can’t control the markets, ability to earn income.
