Retirement Savings
Vanguard is the low cost leader in retirement investing and a great option for people who do not need an adviser to help them with their retirement planning. Beginning investors will typically need at least $3,000 to get started with Vanguard.
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Fidelity is another low cost brokerage house and provides a little more guidance than Vanguard at a little higher cost. Beginning investors will typically need at least $2,500 to get started with Fidelity.
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American Funds have repeatedly outpaced their peers in the mutual fund industry. They have low expense fees and an excellent selection of mutual funds. The great thing about AmericanFunds is that beginning investors need only $250 to get started. The not-so-great thing is that there is a 5.25% sales charge (load) on new invested money. But if you have no idea about investing, it is helpful to visit an investment advisor like Edward Jones (see below).
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Edward Jones will meet with you for free and is a great way to get the help of an investing professional to guide you in your retirement investing decisions.
Joe personally has an Edward Jones investment advisor, and loves the fact that they are located throughout the United States in nearly every city and town. Click the link above to locate an agent in your area!
