A GIF of actress Angela Lansbury in a sparkling gold gown with an elaborate stole, raising her arms at the end of a performance.

This week’s money mood: Retirement glam

Two roads leading off into the distance, one light green and one dark green.

401(k) or IRA: How to Choose Where to Put Your Money

Step one: Decide to start investing for retirement. (Fist bump.) Step two: Decide where to put the money.

glide path

The plan for how your investment portfolio will change over time to become more conservative (aka lower the overall risk) the closer you get to when you will need the money. Picture a plane slowing down to “glide” before it touches ground. (Yep, we do this for you at Ellevest.)

A text chat between two people. One person said, “Roth or Traditional IRA?” and the other said, “Let’s start building the retirement you deserve.”

1:1 Retirement Check-Up

Meet with a financial planner to see how you’re doing and get advice for what comes next.

SCHEDULE IT >

$$ win of the week

Usually, this space is dedicated to “small” money wins. But we just couldn’t pass up the opportunity to congratulate Grace, an Elle Raiser from Albuquerque, on a big one: Last week, they told us that they expect to sign closing papers and become a homeowner ... today. Congrats, Grace!

Tell us about your latest small $$ win here.

Join Ellevest and get special discounts on all 1:1 coaching sessions.

BECOME A MEMBER

This newsletter was brought to you while using this worksheet to reflect on race privilege. Forward it to a friend who tells you like it is.

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All opinions and views expressed by Ellevest are current as of the date of this writing, for informational purposes only, and do not constitute or imply an endorsement of any third party’s products or services.

The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice.

The information provided does not take into account the specific objectives, financial situation, or particular needs of any specific person.

Investing entails risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time.

Banking products and services are provided by Coastal Community Bank (“Coastal”), Member FDIC, pursuant to license by Mastercard International. Your Ellevest Spend and Save Account deposits will be insured to the regulatory limits by the FDIC through Coastal Community Bank, Member FDIC.

Funds held in your Ellevest investment accounts are not FDIC insured, not guaranteed by Coastal, and may lose value. Ellevest does not guarantee investment performance.

Ellevest Membership fees are as follows: Ellevest Essential is $1 per month, Ellevest Plus is $5 per month, and Ellevest Executive is $9. Other fees as described in Ellevest’s Wrap Fee Program Brochure and the Ellevest Membership Terms and Conditions Agreement will continue to apply.

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What The Elle - How to Pick Your Retirement Account

This week’s money mood: Retirement glam

401(k) or IRA: How to Choose Where to Put Your Money

glide path

1:1 Retirement Check-Up

$$ win of the week

Join Ellevest and get special discounts on all 1:1 coaching sessions.

This newsletter was brought to you while using this worksheet to reflect on race privilege. Forward it to a friend who tells you like it is.

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