Episode 155: The 4 Best Retirement Accounts Right Now

Posted Jan 14, 2021 | Chris Petrie

This post may contain affiliate links or links from our sponsors. Read our disclosure policy here.

Listen on the Podcast

After a record year in the stock market in 2020, are you finally ready to invest into the market but don’t know what retirement accounts are best for you?

Maybe you are self-employed and wondering what your options are for retirement? Or are you currently investing into your 401k, but would also like to know about other retirement accounts you have access to?

We are going to dive into this and much more in today’s episode of the Money Peach Podcast.
Hey friends, here’s what you’re going to get from the show today.

We are going to a brief recap of two retirement accounts we mentioned last week: the Traditional IRA and the ROTH IRA. Then we are going to dive into two other retirement accounts that allow you to save A LOT more than the ROTH or Traditional IRA – the Solo 401(k) and the SEP IRA.

We will break down each one, explain how they work, who they are for, and at the end I will help you decide which one is best for you.

Mentioned in the Episode

M1 Finance is the Best Place to Open Your Retirement Account

M1 Finance is the best option to open up an IRA or ROTH IRA. Trades are free and you can build a custom portfolio by picking the stocks and ETFs you want.

M1 Finance also uses fractional shares so you can diversify your entire portfolio regardless of the amount of money you start investing with!

Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe to the podcast where you listen and leave a review!

Today’s show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011. 

If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.

Chris Peach Author 150x150

Chris Petrie

Chris (Peach) Petrie is a personal finance expert, money coach, speaker and podcaster.

In 2011, Chris and his family were exhausted from living paycheck-to-paycheck and facing a mountain of debt. They started going against the society standards of misbehaving with money and made the decision to take back control of their lives and money. Within seven months they paid off $52,000, started saving like crazy and began building real wealth.

The word spread fast and Chris started showing friends how to create a budget over dinner. Soon after he started showing their friends how to do the same and eventually Chris started teaching personal finance classes around the community. As the need for the classes grew, Chris launched Money Peach in 2015.

Money Peach was created to help everyday people remove the stress and fear of money by showing them how to save more, make more, and keep more of their money.

Chris Peach has been featured in places like Business Insider, The Huffington Post, Elite Daily, and CheddarTV.

When Chris isn’t at “work” he can be found at the Crossfit gym or riding on the fire truck — Chris is also a full-time firefighter in Phoenix, Arizona.

Leave a Reply

Your email address will not be published. Required fields are marked *

Want to save more money and pay off debt?

Great! Grab the free budget mini course where I will give you a budget and show you exactly how to use it! The same budget I used to pay off $52k in debt, save money and build wealth!



Scroll to Top