No. of Recommendations: 0
Don't despair yet.

1) Save early & save often. Don't look down your nose at the $2000/year IRA. Let it work for you for the next 30 years.

2) Give a crack at helping your workplace to organize some kind of retirement plan. I'm not knowledgable in this area, but the SEP-IRAs that are talked about here seem to fit the bill for small sites.

3) You may not be working there forever. Educate yourself as much as you can; if you do have a 401K avaialble, you will be ready to use it.

4) There is a lot to be said for non-tax-deferred investments. Paying tax isn't all bad--if you paid a lot of tax, you made a lot of money. If you are in a high tax bracket, a lot of DRIP strategies (buy-and-hold) postpone capital gains just as much as IRAs--and you pay on the gians at cap gains rates, not ordinary income!

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