37 Y/o, about to open my first ROTH IRA… need guidance.
As the title states. I’m a complete noob. I’ve been trying to research over the last few weeks and I’ve definitely learned a bit so far but, it’s a lot.
I am looking to open a Roth IRA for the first time. I was thinking of opening an account with fidelity, but I see Sofi seems to have high ratings and was curious which may be better to go with?
Is there an amount of money that is good to start with? What should be my goal to start with is I guess what I’m really asking.
Any recommended strategies or funds considering my age?
If it helps, I do have a 401k through work that I currently contribute 10% to. They match 50% of the first 5% of pay. I started very late and only have about $10,500 in my 401k.
Not sure if it’s beneficial to include my gross earnings but thats usually around 73-75k/year.
I also have a HYSA account with more savings in there.
I don’t want a headache. I want something I can grow with low stress but would still yield me decent results so by the time I am ready to retire I actually have a little something.
If there is any other info that may be helpful please let me know. I appreciate any help, this is all very daunting to me.