The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/where-to-open-my-ira-15111984.aspx

Subject:  Where to open my IRA? Date:  6/5/2001  3:22 PM
Author:  SpiderAnt105 Number:  30078 of 75335

I'm ready to start saving money for retirement I'm just not sure where. I've been reading the boards for a while and have looked at TIAA-CREF, is everyone eligible to open an account or do you have to be a teacher?
Vanguard, I want to invest in the 500 index fund but right now I only have $500 to start, they need $1000 to start. Just save another $500 and go there?

I have also looked at some of the discount brokers, Scottrade and Sharebuilder. You can open an IRA with them and with Scottrade you can buy Vanguard funds. I don't plan on trading stocks and not sure of the fees with these places as compared to those mentioned above.

Right now I'm leaning toward saving another $500 and going to Vanguard.

Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us