Roth IRAs are an amazing retirement account option allowing regular people become tax-free millionaires. In this Roth IRA 101 guide I share all the resources and tools I recommend for investing in a Roth IRA.

Roth IRA Explained

Roth IRA Explained For Beginners Video

This guide to Roth IRAs for beginners goes over a few things:

  • why you should open a Roth IRA
  • what a Roth IRA is
  • benefits of using a Roth IRA
  • my personal experiences with Roth IRA investing
  • my recommendations on where to open a Roth IRA
  • sharing which investments to pick

Remember: I am not a financial advisor and this is not advice, just my experience!)

Where To Open A Roth IRA

Where To Open A Roth IRA Video

I often get asked where people should open a Roth IRA. There are many good choices and I recommend three options that I’ve had experience with personally: Vanguard, Fidelity, and M1 Finance.

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Tracking IRA Contributions

Do you want a visual tracker to keep you motivated with maxing out your Roth IRA? Check out these Roth IRA trackers!

$6,000 Roth IRA Saving Challenge Tracker – This will help you plan and invest money to max out your Roth IRA!

This $6,000 Money Saving Challenge is designed to help you keep track of the $6,000 over one year. This allows you to invest in your Roth IRA to max it out.

This tracker bundle includes THREE different options included in this money savings challenge:

  • 3 different $6,000 Roth IRA investing challenge trackers with amounts to save each week for the whole year (52 weeks) to max out $6,000 contribution

These Roth IRA challenges are designed to pick one amount each week and put it in your Roth IRA in order to max it out at $6,000.

$7,000 Roth IRA Saving Challenge Tracker – This tracker helps you plan and invest money to max out your Roth IRA in 2021!!

This includes THREE different options included in this money savings challenge:

  • 3 different $7,000 Roth IRA investing challenge trackers with amounts to save each week for the whole year (52 weeks) to max out $7,000 contribution

This design encourages you to pick one amount each week and put it in your Roth IRA. The $7,000 Money Saving Challenge will help you keep track of the $7,000 over one year to invest in your Roth IRA to max it out.

Mary is the founder of Pennies Not Perfection where she teaches you how to make online income to build wealth and gain freedom. She quit her day job in 2021 after she replaced her salary.

Mary's favorite free financial tool is Personal Capital. She uses their free tools to track investments, grow her net worth and work toward to financial freedom.

Her favorite investment platform is M1 Finance, where she built a custom portfolio for free with no fees. She shares her portfolio growth and savings progress every month on YouTube.