How to Start Saving and Investing with Clark's Best Advice

If you want to start saving and learn how to invest your money, Clark Howard has some great tips for you! To navigate to a specific topic, click the timestamp below:
00:00 - Saving and Investing Introduction
1:11 - Why You Should Save
3:17 - Saving as A High Income Earner
4:09 - What is Investing?
5:27 - How to Invest
6:03 - Employer-Provided Retirement Plans
8:00 - Target Date Retirement Funds
9:33 - Your Own Retirement Plan
12:54 - Clark's Saving and Investing Philosophy
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[Abelone-Alvilda]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

[MsLignumvitae]

I came here today to my coach 1 yr later cause I'm about to take this walk. I feel like I'm goung into this with my eyes open. Tbx Clark & Team !!!

[theloganerickson]

Clark, you are the man. Appreciate you much!

[dontonful]

Very easy to understand, thank you so much Clark!

[ninacook]

Now that we are retired, we have funds/stocks and rentals, a raining day $ fund and monthly ss checks along with pensions, and VA income why Am I still saving?Our ages 77/74

[mariaalexander]

My "go to" guy always. Thanks for the great advice!

[DillyDogSays]

I use Fidelity robo advisor for my 401k. Should I trust the robo advisor or make my own picks?

[triniamontes]

Clark, hello I’m glad to see your ad & thank Ufor sharing with us your knowledge& experience.
I’m concern because I was wor king hard &tried to save & inve st for my future needs But I stopped working to save & took care of my Bth Beloved Parents & My fiancée that I had to quit my great job for yrs But Didnt expect to Not got stuck for yrs & Didnt go back to work.
I had opened Roth IRA then al tho I had taken most of my mo ney & not much left & now after l lost them all I have No 1 to bla me but myself & even though I wanted to work, I’m Now sick & can’t go back to work anymore.
I still have my Fidelity IRA Roth acct.Is that a good place or Shd I transfer them into another place. I have a little amount in Putman, in my bank or Shd I take & put my acct somewhere where it is non taxable?
Please advise me of what I Shd do as I really Don’t know what to do on my old age?
I’ll wait for your advise & please help me. My DAD, was a CPA & was a former Bank Auditor But he’s gone & Dont have No one to go to.
Thank you for your future res ponse, Clark.

[dianebarron]

I don't know of any online BANKS can you name some?

[IMTHEKING]

Im creating a market catalyst calendar. If you know of any upcoming events please let me know.

[joyshannon]

What is a good retirement management fund company with no commission and low management fees?

[mysticstrikeforce]

But don't we lose all that hard earn saving money if we even invest. But yes i'm in the middle stage of learning how to save and that is knowing that if i really need that and now i'm at the part of calculating the price and be a regular customer cause sometimes it does help specially when employees knows you and you get good discount sometimes. But what i learned about investing and what many young people tend to fail at and i know i am a young adult but i learned i should invest in something that is for the long run and something that helps people like sickness and their well being. I see people invest in things that can go away or don't even contribute anything.

[RamSingh-xifm]

I am looking for a Fee Paid experienced and successful financial advisor who does not have a plan and interest in becoming my investment broker.

[rdbeaz]

Clark Howard way way better than Dave Ramsey

[joemanly]

Online banks scare me because of hackers.

[mattm]

Employer-matched 401Ks are great, because you are guaranteed a 100% return by the match regardless what the markets do. But if you contribute more than the match, the wisdom of 401Ks become much more questionable. By contributing beyond the company match, you are betting your future tax rate will be lower than or equal to your present rate, which is unlikely the way things are going. You don't get a "tax break." You get a tax deferment.

[triniamontes]

Oops! Where do I go to an Reti rement bank that I don’t have to pay taxes & the stocks is So unpredictable @ this time & I’m Really Petrified to lose every thing that I had worked for. If I was not Robbed by a former friend, that I trusted & treated like a sister I would have been more stable& my 1/2Moms son, stole all my Dads, both:gold & silver for my greener pastures I’ll be fine But he came & clean up everything from me & Not even cared or visited Our Mom & my Dad.He’s Always Been a Bad seed since he’s a young man from Toronto & has an vi cious wife But I Didn’t even fought with him But ”GOD, ”knows & watches over me. I’m Not a materialistic person as long as I loved, cared & sincere ly did everything for my Belove Parents& family. Lot of Ppl, did me wrong But I Don’t go fight & confronts them, I’m a contented person & Dont go for revenge.

[davetriplett]

savings can lose value because of inflation....

[edisonwhite]

I make huge profits on my investment since i started
trading with Keren Parker, her trading strategies are top notch

[jbeav]

Investing is gambling stock market is going to crash.