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Reply to "Helping Setting Kids up for long term Financial Stability"
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[quote=Anonymous]The best thing my parents ever did for me (and the next generation of my family) was to sit me down when I was 19 and force me to do the paperwork to open an IRA. At that time the limit was $2000 a year and no Roth option existed. They funded it for the first six years ($12k). I had formed a habit, so I kept doing it. 30 years later that single account is worth a half a million dollars. Do something that creates a habit. They will be thanking you forever (as I do my parents). [/quote]
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