Retirement Planning in Your 30s: A Complete Guide

Your 30s are the "golden decade" for retirement planning. You likely have more income than your 20s, and still have enough time for compounding to work its magic.

The Unfair Advantage of Time

Every dollar you invest in your 30s can be worth 10-20 times more by the time you reach age 65. This is due to compound interest.

Investing $500 a month starting at age 30 can grow to over $1.1 million by age 65 (assuming a 7% annual return).

Maximize Tax-Advantaged Accounts

The government wants you to save for retirement, and they provide incredible tax breaks to help you do it.

401(k) / 403(b)

Employer-sponsored plans often come with a "match." That is 100% free money. Never leave it on the table.

Roth vs Traditional IRAs

Roths allow for tax-free growth and withdrawals, while Traditional IRAs provide an upfront tax deduction.