Invest in index funds

Instructions

  1. Open a tax deferring account.
    This will be a major source of income for your retirement, so fund this account first if possible.

  2. Select an index fund to invest in.
    VTSAX is a good investment fund as it covers the entire US stock market. Deposit at least 10% of your income there every month

  3. Reinvest the interests over time.

Insights

No insights yet

Take action!

Our mobile app, Mentorist, will guide you on how to acquire this skill.
If you have the app installed
or