How To Start Saving For Retirement With Just $5

May 26, 2020

It's never too early or too late to start saving for retirement. Today we're breaking down the Acorns Later retirement account and explaining the difference between their traditional IRA and Roth IRA. We'll also briefly discuss the importance of saving for retirement regardless of your age. 

P.S., If you're new to the Acorns app, I highly recommend you first check out my full in-depth Acorns app review before watching today's tutorial. 

You can watch my Acorns retirement account review in the video below and see how it compares to today's top investing apps here.

This article contains affiliate links. To learn more, visit our affiliate disclosure.

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Acorns Retirement Account Features We'll Be Covering Today

  • What is Acorns Later?
  • IRA Explained (Roth IRA vs Traditional IRA)
  • Traditional IRA
  • Roth IRA
  • Acorns Later Age-Based Portfolios
  • Who Is Acorns Later For?
  • When Should You Start Saving For Retirement?


Acorns Later Explained Video

You can watch my full Acorns Later retirement account review in the video below:



Want to Learn More About The Acorns App?

If you want to learn more about the Acorns app I encourage you to check out my full in-depth Acorns app review and/or watch any of my other Acorns app tutorial videos. 


Final Thoughts


If you are looking to get started saving for retirement the Acorns Later retirement account might be worth considering. Not only does it let you set up recurring contributions but Acorns automatically re-balances your retirement portfolio for as you age. 

Much like their core investing account, Acorns Later makes saving for retirement a passive process. For as little as $5 you can open your own individual retirement account (IRA) and do something that your future self will thank you for. 

If you would like to open an Acorns retirement account for yourself, you can join the Acorns app here.

If you would like to see how Acorns compare to today's other top investing apps view our full list here.

Need help with investing? We can help you find the right investing platform for your financial goals.


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