I'm nervous about retirement. I know I only have forty years before retirement (holy crap that's a long time!!) but I'm young and I really need to be aggressive here. The problem is, I have no idea what's going on. There are so many financial services commercials that I am terrified by the lingo the not-really animated cartoon people are saying. Annuities? Roth IRA? Traditional IRA? Pre-tax? Penalties? It's all French to me. I try to read about these things so I can wrap my brain around my future financial security but it's really hard. It's dense material and I'm convinced that trying to navigate all this by myself is going to land me in IRS jail. Where unsanitary things happen.
But why now, Katherine? I have a retirement account from my old job that I'm trying to figure out what to do with. I really just want to rollover what's in there and set it up to be aggressive (B E aggressive!). My current job doesn't match retirement contributions so I am on my own to find a company. I asked a friend of mine who knows a little about finance and her best advice was to find someone who will walk me through everything and take care of it. She has a person she really likes working with for her retirement and it seems like his fees are very reasonable. So when she brings in his contact info I'll give him a call.
Besides not going to money jail (it's not a state-run spa for reals), I very much want to do what's best for me and my future family. I don't want to get to retirement and realize I could have prepared better. I just feel more ignorant than prepared. And I really hate that the worst way to save for retirement is to put actual money, that you have actually made, in a regular savings account to accrue interest. Instead, the actual money, that I have actually made, is going to this imaginary place where it very well could disappear. Maybe I won't roll over after all and just start putting money in a jar and bury it in the yard. That feels much more concrete. And safe.