Retirement Investing for New Moms

Almost eight months ago, I became a mom, and my entire world changed. I wasn’t sure what I was going to do work-wise before my son was born, but when I met him for the first time, I knew. At least for now, I wanted to spend my days being his mom. But that doesn’t mean I’ve stopped thinking about our finances and the future. There are many ways you can start saving for retirement early in your career, even from the first day you start working. I took advantage of several, including contributing to a Roth IRA and then to my company’s 401(k) plan. And you don’t need to stop investing for retirement as a mom if you choose to be home with your baby. Many tax-advantaged options are still available to you, and if you have the information, you and your partner can make sure you’re set up for successful saving.

 

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