I know must of us opened a Robinhood account in college (and if you’re like me, ended up elbow-deep into options and margin loans). But the government gives us too many reasons to not prioritize tax-advantaged investment accounts first.

Absolutely love this visual from helloplaybook.com

The Easy Million:

Step 1: Contribute to your 401k to ensure you get the full company match.

This is free money. An instant 100% return is hard to beat.

Step 2: Then, open your own Roth IRA account and do everything you can to max it out every year. This is a cheat code for tax-free growth, but you’re limited to only $6,000 per year.

That’s it.

These two things alone for 20+ years will quite literally guarantee you becoming a millionaire.

<aside> 💡 “Free money”
Not taking advantage of a 4% company match is like turning down an extra paycheck every year.

</aside>

401k Tips:

• Make sure you are contributing enough to get the full company match. Many companies will match at 50% up to a certain limit. So if you contribute 8%, they will match up to 4%.