#159: Is a 401k Worth It Without an Employer Match? How to Prepare for FIREd Retirement

The “Is a 401k worth it” question often arises, especially when employers don’t offer matching contributions.

You have options, so why choose a 401k over anything else? You might also have other priorities beyond investing.

Sometimes investing feels like an endless Tetris pit. Money is going somewhere, but is it landing where it needs to?

After all, you want to ensure your hard-earned money works for you. The world of investing isn’t exactly warm and fuzzy. There’s lots of great data, but sometimes it’s too much.

I don’t pretend to have the secret to supercharge your investing game, but I know the value of understanding your options.

In this article, we’ll explore the “Is a 401k worth it” question, especially as it relates to employer matches. We’ll also discuss the various strategies you can use to prepare for early retirement via the FIRE (financial independence, retire early) method.

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Have you ever wondered, “are savings accounts worth it?” If you dream of achieving a FIRE lifestyle, then you’re going to need a safe place to store your hard-earned income. 

You’ll also want some healthy savings strategies so you can secure your money and invest in your future.

A savings account is a relatively safe place to store money. This account is a type of bank account that earns interest on the money you deposit. 

Interest is a percentage of the money you have in the account that is paid to you by the financial institution each month or year. The amount of interest you earn depends on the interest rate of the account, which is set by the bank or credit union.

In this article, I’ll explain the benefits of savings accounts, what you can use your savings account for, and 3 simple ways you can get started today.

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