your wealth-building opportunities. You can invest in stocks, bonds, options, mutual funds, exchange-traded funds, certificates of deposits, and other assets. What you invest in will determine how much you earn.
3. Work with a Certified Public Accountant and Financial Coach
If you want to build generational wealth, work with a Certified Public Accountant who can keep you abreast of all the benefits associated with a Roth IRA and help you avoid any penalties or tax consequences. A knowledgeable financial coach should be by your side to ensure you understand your options.
There are so many ways to build generational wealth using a retirement account but the best thing you can do right now is equip yourself with the information you need to get started.
Charlene Rhinehart is an award-winning speaker, consultant, and coach who uses digital technologies to share inspiring stories with the world. She helps others live their best life as a Financial Coach at Wealthy Women Daily, Founder of the Career Goddess Academy, and Travel & Lifestyle Writer at BlackCoupleTravels.com. Charlene recently published her first book, “Dividends Are a Queen’s Best Friend” on Amazon.