February Mailbag: Investing and Retirement

#095 In this episode, we asked the mamas in our free Mamas Talk Money Community on Facebook to send us their questions. If one person in our community has a question, there are no doubt others wondering the same thing. Today we’re going to discuss more specifics about retirement funds, and investing! (03:44) Kelli wants to know, "What is the recommended percentage to save for retirement? Should you have a Roth IRA in addition to a 401K?"  (9:51) Court asks, "I know we need to be invested in small caps, medium and large caps - How do I know if I'm diversified into all three groups?"  (19:12) Amanda says, "My employer-sponsored 401K offers target-date funds as an investment option. Do you recommend?"  (23:03) Cathryn asks "Is FOREX a real way to make money? Pros and cons?"  (27:07) Evelyn wonders, "Is it necessary for each spouse to have a retirement account? My employer offers a 401k with 4% match and pays the yearly fees while my husband is a teacher and his employer offers a 403b with no match and he has to pay the maintenance fees.  Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/95 Money Mamas Guide to Investing Template: https://smartmoneymamas.com/mamas-investing-guide/