If you want to set yourself up for success in retirement, personal finance expert and “The Ramsey Show” co-host Rachel Cruze explains the top rule to help you get on the path to millionaire status.
The expert joined FOX Business’ “Mornings with Maria” on Monday and provided advice when it comes to saving for retirement, and explained how one can reap the rewards and benefit from utilizing your job’s 401(k) plan.
“What’s so great is that so many 401(k) programs, when your company has a match, to go up to that match and then even use programs like a Roth IRA, when you put up to $7,000 in that per year and that’s [a] tax advantage, right?” Cruze pointed out. “So when you take that out, you’re not going to have taxes on that.”
EXPERT REVEALS THE SECRET TO SETTING YOURSELF UP FOR SUCCESS IN RETIREMENT
Cruze agreed with host Maria Bartiromo, who suggested “the No. 1 …