How to Invest for Retirement--A Beginner's Guide

This is a detailed, step-by-step tutorial on how to start investing for the first time. We cover the basics on retirement accounts, asset allocation, target date retirement funds, the 3-fund portfolio and even how much you should invest.

It's a detailed, lengthy video. If you have ANY questions, please leave them in the comments below. I'll do my best to help any way I can.

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Timestamps
0:00 Introduction
2:40 Overview
7:05 What type of investment account should you open?
8:00 Retirement accounts
13:00 401(k) vs IRA
14:00 Employer matching contributions
17:34 Roth vs traditional retirement accounts
21:26 Roth accounts
26:45 Resources
29:26 What do we invest in?
29:41 Key investing terms
31:58 Mutual funds
36:54 Actively managed vs index mutual funds
37:30 Expense ratio
40:32 Warren Buffett on index funds
41:20 Asset allocation
43:00 stock asset allocation
47:00 bond asset allocation
50:50 2 model portfolios
51:45 Target date retirement funds
59:30 3-fund portfolio
1:13:29 Where to open an investment account?
1:19:24 How much should you invest?

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ABOUT ME

While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.

I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

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